CRAY

[Terliso]

I'm in @ 2.12... let's see what she got

[usedcasting]

Hey Melf, thanks for the read, as always truly appreciated. (appl)
Was that bcon you meant.

Thanks

uc.

[usedcasting]

I'm in @ 2.12... let's see what she got

Nice going on ivan.

Super glad to see your in!

uc.

[Melf Elf]

Was that bcon you meant.

uc,

Sorry, I typed the wrong symbol, probably because I hate that devil BCON.   

I meant to say that one of Markman's picks was Broadcom (BRCM).  I typed it as BCOM.
Let me look on the toolbar for an Embarrassed Face...

[Terliso]

I'm in @ 2.12... let's see what she got

Nice going on ivan.

Super glad to see your in!

uc.

Usedcasting,
Let's get it on!!!

[usedcasting]

f-----------------------k!, everytime I get in this stock I get a kick in the teeth. They have a knack of reporting some form of earnings without any notice. I should have learnt my lesson.

PDATE 1-Cray says may revise 2004 results on accounting review
Fri Mar 17, 2006 8:50 AM ET

(Adds details, outlook)

March 17 (Reuters) - Cray Inc. (CRAY.O: Quote, Profile, Research) on Friday said its 2004 loss could increase by up to $3.3 million, and revenue reduced, if it determines that revenue from one of its product development contracts was inappropriately recorded.
FACT BOX
CRAY.O (Cray Inc)
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   UPDATE 1-Cray says may revise 2004 results on accounting review
   Cray says may revise 2004 results due to accounting review
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In a news release, the company which makes supercomputers said, although no resolution had been reached so far on the issue, there was no impact on the company's cash or short-term investment position during 2004 or 2005.

Due to this, the company said it would delay the filing of its 2005 results and expects to file by March 31.

On a preliminary basis, Cray said its fourth-quarter net loss was $9 million, or 10 cents a share, on revenue of about $65 million. The results for the quarter included a $4.9 million write-down for impairment of core technology among others, the release said.

According to Reuters Estimates, two analysts expected the company to post a loss of 3 cents a share, excluding exceptional items, while three analysts expected the company to report revenue of $61.0 million for the fourth-quarter.

For 2006, the company said it expects revenue growth of 5 percent to 15 percent over the year-ago period. The company expects the second half of 2006 to be stronger than the first half, with the potential for 60 percent of product revenue to be recognised in the fourth quarter. (Reporting by Deepti Chaudhary and Srikanth Srinivasa in Bangalore)

uc.

[Terliso]

UC,
I got out from CRAY when the price came back to bull flag breakout formation, with a loss of course.

[setravis]

Press Release Source: Cray Inc.


Cray Inc. Resumes Trading Under Symbol "CRAY"
Friday July 7, 7:30 am ET


SEATTLE, WA--(MARKET WIRE)--Jul 7, 2006 -- Global supercomputer leader Cray Inc. (NASDAQ:CRAY - News) today reported that the company will resume trading under its original trading symbol "CRAY," beginning at market open today, July 7, 2006. Cray had been trading under the symbol "CRAYD" for the past 20 trading days to reflect a reverse stock split that became effective June 8, 2006.


About Cray Inc.

As the global leader in supercomputing, Cray provides highly advanced supercomputing systems and world-class services and support to government, industry and academia. Cray's technology enables scientists and engineers to achieve remarkable breakthroughs by accelerating performance, improving efficiency and extending the capabilities of their most demanding applications. Cray's Adaptive Supercomputing vision will result in innovative next-generation products that integrate diverse processing technologies into a unified architecture, allowing customers to surpass today's limitations and meeting the market's continued demand for realized performance. For more information, go to www.cray.com.

Cray is a registered trademark of Cray Inc. All other trademarks are the property of their respective owners.

Contact:
     Cray/Media:
     Steve Conway
     651/592-7441
     [email protected]
     
     Investors:
     Victor Chynoweth
     206/701-2094
     [email protected]
--------------------------------------------------------------------------------
Source: Cray Inc.

[boatguy]

Cray Wins $52 Million Supercomputer Contract

System at Department of Energy's Berkeley Lab Will Be One of World's Fastest

http://www.supercomputingonline.com/article.php?sid=11738

http://biz.yahoo.com/bizj/060810/1329432.html?.v=1

[Melf Elf]

September 11, 2006 - Broken Symmetrical Triangle: 9.01 is IN PLAY

October 6, 2006 - H&S Top: 6.55 is IN PLAY

[sebfr]

Hi,

I want to talk about CRAY because it reflect my actual trading philosophy and because news are not good but i am still BULLISH  But with my money management rules, if i am wrong i will have no loss 

I have bought some shares on pullback at the beginning of october at 10.20..

But today i saw on Zacks.com a negative post :
"In light of the company's poor track record of timely launches, we remain skeptical that Q4 will meet expectations." and more...

My strategy :
Buy at 10.20
Stop-loss at 9.80
Target protection : 10.60 -> OK
Target profit : between 13 and 14...Not YET..

Why ?
1. Major UPTREND
2. Just 4 eliott waves
3. Good pullback at 10 - 10.20 => Support + 50%retracement + negative divergence
4. High probability trade : Reward/risk ratio of 28 (price at 13 -> minimal) / 4 = 7 !!!!EXCELLENT

GOOD TRADES