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SMS Management & Technology (ASX: SMX, OTC: SMSUF) is a relatively small player in the global information technology (IT) sector, but it’s a powerhouse in Australian management consulting/software services.  With a market capitalization of about USD350 million, SMS Management & Technology resembles a forgotten crumb relative to IBM’s (NYSE: IBM) $220 billion… Read More

  • March 19, 2012

The poor performance of a handful of high-profile technology initial public offerings (IPO) in the late 1990s sullied the reputation of newly listed companies for many investors. However, many of the past decade’s best-performing stocks have been IPOs. Shares of payment processor Visa (NYSE: V), for example, are up 81… Read More

  • March 16, 2012

The headlines this week were all about stocks: the S&P 500 closed above 1,400 for the first time since early June 2008 and the red-hot Nasdaq Composite topped 3,000 for the first time since late 2000. Even better, the Dow Jones Industrial average is now less than 1,000 points away… Read More

Rising risks and an optimistic market raise the potential for disappointment. Subscribers should take some profits off the table. Read More