From Barron's 7-23-07: "The shares, now about 42, could fetch more than 52 in a takeover. And there's ample room for the current management to improve marketing and cut costs."

From Barron's 7-23-07: "Kaydon's shares, up smartly this year, could climb another 155 to 20% in the next 12 months, powered by high-margin products in growth markets. The dividend may rise, too."

From Barron's 7-23-07: "Every time critics suggest that SAP is past its prime, the German software company hits back with a surprisingly strong earnings report, as it did last week...What's different this time is that SAP increasingly looks like low-hanging fruit for some leveraged-buyout firm. SAP's shares have trailed Germany's benchmark Dax index by 25% over the past year. (The company's American depositary shares, traded under the ticker SAP, are in the mid-50s.) So its managers are under pressure...This makes the stock cheap, at a forward enterprise value/Ebitda multiple of 14 times its share price. SAP is also debt-free and has nearly 3 billion euros in cash."

From Barron's 7-23-07: "To manage traffic to www.liveearth.org, the climate alliance turned to the king of content-delivery networks: Akamai Technologies (AKAM). The Cambridge, Mass. company has a dominant share of the growing CDN market. Yet shares have fallen 15% since February as other tech stocks surged...At about 49, Akamai shares trade at 29 times forward earnings -- still reasonable given its product sweep and early-mover stronghold in this fast-growing market. Friedman Billings Ramsey has a price target on the stock of 64."

From Barron's 7-23-07: "In a research note entitled "Solar Review: The remaking of Applied Materials," Credit Suisse semi-cap-equipment analyst Satya Kumar argues the company has the "makings of a billion-dollar [solar] business...Kumar argues it is "not unreasonable" to pay 20 times earnings for Applied's shares, which would compare favorably with Texas Instruments (TXN) and Motorola (MOT), two other technology companies that have weathered several generations of technological change and innovation (though it seems Motorola must prove its resilience yet again). Today Applied trades for about 16 times 2008 estimated earnings."

From Barron's 7-23-07: "International Business Machines (ticker: IBM) last week soared to 116, its highest level in six years, after Big Blue reported that second-quarter earnings rose almost 12%, and that revenues grew 9%, thanks to a healthy 10% increase in hardware sales and a 13% boost in software sales. IBM also boosted its full-year earnings-growth outlook to between 14% and 15% from the $6.06 a share it earned in 2006. That puts 2007 earnings between $6.91 and $6.97 a share...What's the stock worth? At this very moment, Bernstein's A.M. Sacconaghi pegs fair value at $125 -- a market multiple times his earnings forecast of $8.05 a share for '08. Others are even more bullish. Bear Stearns lifted its '07 target to $129 from $112."