3SOF

Quote from: akclide on March 21, 2006, 10:25:10 PM
will be holding SCLN and CIPH,
Will still be looking at WTSLA and adding ENG to the watchlist

Scln still in, bought 2.98 current 3.34 good so far target around 3.8
Ciph stll in, bought  2.11 current 1.75 support at 1.73 and 1.67 bounced off the support so I will have to wait and see.
WTSLA in,bought 5.63 current 5.83 earning after the close tommorrow.If I see the price around 6.3 I will take profit before the earnings.
Today SWKS for tommorrow,
Relative strength has jumped significantly high in the past 3 months.Volume has been climbing steadily.Look at the chart has a lot of open air to climb.

CBMX

chart looks good,Vol looks good.After hours showing decline of 9.77%.We just have to see how it goes tommorrow thanks for bringing it to my attention.

Scln still in, bought 2.98 current 3.34 good so far target around 3.8
Ciph stll in, bought  2.11 current 1.75 support at 1.73 and 1.67 bounced off the support so I will have to wait and see.
WTSLA in,bought 5.63 current 5.83 earning after the close tommorrow.If I see the price around 6.3 I will take profit before the earnings.
Today SWKS for tommorrow,
Relative strength has jumped significantly high in the past 3 months.Volume has been climbing steadily.Look at the chart has a lot of open air to climb.

Quote

Wtsla earning was not so good but there was a one time charge that brought the stock down.It is syill a good stock but may have to hold for a while so if my loss is not too bad tommorrow I may take it and get out.
Swks did not do much today so I did not buy.
Still holding Scln And Ciph
tommorrow I will be looking to buy LVLT.Strong move today clearing a 4 month base.If it does not gap open I will be a buyer.Let us see what happens

SCLN Bought 2.98  price 3.27
CIPH  Bought 2.11  price 1.69
Wtsla Bought 5.63  sold  5.83  3.5% profit  Earnigs not so great,Do not want to hold.
SWks Bought 6.05  Price 6.42
LVLT moved too fast did not get a chance to get in.
Emis jumped up but I had dropped the ball on it,You win some you loose some.
Looking at EXTR current price 5.15 support 5.11 res. 5.28.

NEW YORK (AP) -- Shares of Extreme Networks Inc., a Santa Clara, Calif.-based maker of ethernet switches, shot up Monday after an analyst upgraded the stock and suggested the company could make an attractive takeover target.
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Shares of Extreme Networks, which have traded between $4.02 and $6.25 over the last year, were up 21 cents, or 4.2 percent, at $5.20 in heavy midday trading on the Nasdaq.

Prudential analyst Inder Singh upgraded the stock Monday to "Neutral Weight" from "Underweight" and said downside in share price could be limited by the company's financial position and new product cycle.

"Extreme is at the front end of a product cycle with a particular focus on the carrier ethernet market with the new Black Diamond 12K platform. While any new product introduction entails a high degree of risk, a solid market reception could help the company to generate additional revenue growth," Singh wrote in a research note.

"We believe the company may also represent an attractive takeout candidate for financial or strategic buyers attracted to its upcoming products or solid financials along with the ability to bring exposure to the metro ethernet market at an attractive valuation relative to Foundry Networks Inc. and Cisco Systems," he added.

Analysts polled by Thomson Financial expect the Extreme Networks to earn, on average, 23 cents per share on $383.7 million in revenue for the year

I am taking my loses on CIPH selling at 1.65.
EXTR I will wait for it to go over 5.28.

Scln did great 2.98 to 3.62 I have a 8% stop loss on it.
CIPH lost 20%
SWKS made a fair move in our favour.6.05 to 6.75
Extr got in at 5.28 I will watch this very closely stop 8% below I will take asmaller profit on this one.
Tomorrow SANM is looking good.I will consider buying this if it crosses 4.43.I do not have a lot of time today to add chart.

What a day.Tomorrow may be another episode like today.There will be a lot of debates as to what was said and what it means.My feeling is that the market is going to start down and recover later in the day.I will still hold the three stocks SCLN,Extr,SWKS.SANM did not trigger but still looks good I will try to buy anything tomorrow,will let the market sort out the details.

Guess I was wrong about the market pulse.Anyway
SClN is pulling back a little we will see what happens tomorow if it falls below 3.33 I am out as that would my stop but I do not think that will happen.
Swks is up closed at 6.83
Extr closed at 5.17
Sanm still did not triger I will wait one more day ,if it does not trigger I will put it aside.

For tomorrow I will be looking at AMTD It has been lacking behind as compared to its group.Gave some good guidance and lots of insider buying .Very strong move

Bought AmTD 21.25
This was not part of the plan but I bough Rhat may 30 put for 2.65.

Selling Scln here for 3.6.Time to move on

Sold Scln today for 3.6 buy was 2.98  21% profit.
SWKS is at 6.96 buy was 6.05 currently showing 15% but still holding.
Extr 5.08 buy was 5.28 loosing a little
Bought Amtd 21.25
bough RHAT put
Sanm did not trigger I am letting it go.
Tomorrow looking at UMC

Trailing P/E (ttm, intraday): 56.50
Forward P/E (fye 31-Dec-07) 1: 17.84                                                                        Total Cash (mrq): 3.12B
Total Cash Per Share (mrq): 0.896
Total Debt (mrq): 1.42B


Average Volume (10 day)3: 3,945,910
TOday Volume: 6,184,000

SWKS dipped a little to 6.78.  bought at 6.05

EXTR dipped some more to 5.02. bought at 5.28
AMTD 20.87                              bought at 21.25
UMC bought at 3.47
Rhat put is breakeven at this point.
Tomorrow looking at CRUS
Cirrus Logic, Inc. engages in the development and supply of analog and mixed-signal integrated circuits (ICs) for a range of consumer and industrial markets worldwide. Its products include analog and mixed-signal audio ICs for consumer, professional, and automotive entertainment applications, as well as high-precision analog and mixed-signal ICs for industrial applications, such as industrial measurement, analytical instruments, consumer utility, digital power meters, and seismic systems. Cirrus Logic also develops embedded processor ICs, such as audio-optimized digital signal processors for consumer and professional audio applications, and ARM-based embedded processors for consumer and industrial applications. The company was founded in 1984 and is headquartered in Austin, Texas
comparison shows good p/e growth. good net income good p/e
Market Cap: 735.13M 4.57B 16.45B 51.96B 535.51M
Employ­ees: 603 4,322 50,000 35,207 603
Qtrly Rev Growth (yoy): 9.60% 20.60% 2.60% 13.90% 12.50%
Revenue (ttm): 191.95M 1.92B 8.88B 13.39B 179.40M
Gross Margin (ttm): 47.09% 43.37% 34.19% 47.62% 55.40%
EBITDA (ttm): 1.88M 282.88M 2.35B 4.37B 16.00M
Oper Margins (ttm): -5.49% 6.84% 4.56% 20.97% 10.18%
Net Income (ttm): 41.25M -5.62M 266.00M 2.32B 1.65M
EPS (ttm): 0.475 -0.014 0.29 1.391 0.05
P/E (ttm): 17.85 N/A 63.41 23.34 34.77
PEG (5 yr expected): 1.53 1.33 1.34 1.43 1.51
P/S (ttm): 3.78 2.38 1.86 3.95 4.78
TEchnically 2 weak resistance ahead 8.49 and 8.61 and 2 very strong supports 8.4 and 8.24,

SWKS closed at 7.2 I will let it ride but keep moving my 8% stop loss.
Extr got stopped out at 4.86 taking a 8% hit.You win some you loose some.
Amtd is showing a little green 21.37 from buy of 21.25
Rhat put showing alittle green but nothing to get excited about.
Umc made a fair move now at 3.54 from 3.47 buy point.
Bought crus for 8.43.
Looking at Sanm once again but this time it closed over a very strong support line at 4.12.
I will buy here and see how it acts around 4.43 a fair resistance.Between here and 4.43 is still about 7% profit.

swks closed at 7.19 still holding.
amtd closed at 21.79 little gain still holding
rhat put is showing about 16% profit.
umc ended flat for the day
crus ended up flat for the day.
bought SANM for 4.12.
Nothing is looking very good for tomorrow.
I may play lbtya as a call optionJuly 17.5 call for 4.00.That is only .50 time value.