The one growth area is data storage. The growth did not slow in recession and will accelerate over next few years. All those videos, social networks and mobile Internet will continue to grow. One company is interesting is BRCD, which has been partnering with IBM, HP and EMC. The stock came down because the takeover premium disappeared (due to HP acquired 3com). But I still believe it can be acquired by IBM or HP. If not acquired, it can stand on its own. My target is 12 for takeover and 9 without takeover. The biggest competitor is Cisco. I do not believe that IBM and HP will give the business to Cisco from BRCD any time soon.
I bought 200 shares @ $7.87 today.
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