Monday, October 29, 2007

All Eyes on the Fed...Again

The market is trading cautiously higher awaiting the anticipated rate cut. I've talked at length rates in the past, and they continue to be the central focus today.

I read a nice report about SAP (SAP) software. Software companies are benefiting from the creating and updating of software systems, particularly in large companies. I was intrigued by the idea of SAP putting together the software for electric and fuel cell vehicles, which will be a big thing. The biggest barrier to alternative fuels for cars is setting up the infrastructure to re-fuel them, and SAP will benefit greatly from this. I'm adding SAP to the portfolio here.

To read the article about SAP, click here.

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