HAUP

[shaker340]

Thanks Michael, for the pick me up . She would make a great spokeswoman.

[ygtrdr]

lol, that is fantastic Michael. Good luck!

[David Randolph]

HAUP indeed closed above $7.17, the 3 SOF resistance level. Let's hope the resistance becomes support now, and the stock breaks above its short term high of $7.63.

Fundamentally HAUP surely deserves a higher price. The market seems to agree with this view, it is just spending some time around the $7.17 long term resistance level, throwing the weak hands off the board.

As I've said:

Between now and the quarterly report there's nothing else to do but to continue holding HAUP, in my opinion. A fundamental investor can't sell when he's expecting such good news in the near future.

[HANDBALLJIM]

Should be an interesting week for HAUP they are going to an Exhibitor at the 2007 International CES January 8th-11th, 2007 - Vegas

https://myces2007.bdmetrics.com/Portal/ViewCompany.aspx?id=1778180

I think a bunch of companies that are actively talked about on 3SOF are going to be exhibiting at this show. This show would be great to attend if you are into investing into Technology.

[David Randolph]

Should be an interesting week for HAUP they are going to an Exhibitor at the 2007 International CES January 8th-11th, 2007 - Vegas

https://myces2007.bdmetrics.com/Portal/ViewCompany.aspx?id=1778180

I think a bunch of companies that are actively talked about on 3SOF are going to be exhibiting at this show. This show would be great to attend if you are into investing into Technology.

Yes, that would be great HANDBALLJIM Some of my friends will go to Vegas in the summer, but of course they're going there to gamble, not watch a show

Being able to easily attend these shows is one of the advantages of living in the US. But an European investor in the US perhaps has a more global view.

We had this news today on HAUP:

• Hauppauge Launches New WinTV Products for Windows Vista
Business Wire (Mon 9:01am)

Nothing unexpected, but it goes to show they're on the right track and on top of important technological changes. Up 4% now, let's hope it breaks the $7.63 short term resistance level (there was a 5 cents gap at the open):

[Michael]

We had this news today on HAUP:

• Hauppauge Launches New WinTV Products for Windows Vista
Business Wire (Mon 9:01am)

Nothing unexpected, but it goes to show they're on the right track and on top of important technological changes. Up 4% now, let's hope it breaks the $7.63 short term resistance level (there was a 5 cents gap at the open):

I agree not ground breaking news but remember that Windows Vista is going to be installed on 100 of millions of PC's and when they start wondering why they upgraded they might go here:

http://www.microsoft.com/windowsvista/getready/hardwarereqs.mspx

This is Microsoft's site which tells you what it requires to take full advantage of Vista and top of the list....... A TV tuner card. and as we already know WinTV is Microsofts prefered Tuner card.

So not really big news but having in mind that HAUP already is cheap from a fundamental point of view i like it.

On another note. It seems that everybody is talking about Video, Timeshifting and Placeshifting (mobility) on CES 2007.

MSFT, HP, STX is all repeating the same things and as said before HAUP is in the center of the action.

I have collected a few links. They are not all relevant for Hauppauge but I think the picture is relevant:

http://digital50.com/news/items/BW/2001/07/14/20070107005069/hp-redefines-personal-digital-entertainment-experience-with-expanded-portfolio-for-co.html
http://www.theglobeandmail.com/servlet/story/RTGAM.20070107.wgatesss0107/BNStory/Technology/home
http://us.rd.yahoo.com/finance/external/reuters/SIG=11vg30000/
http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh73815_2007-01-08_01-46-52_n06299780_newsml
http://www.eetimes.com/news/latest/showArticle.jhtml;jsessionid=RE1ATMZRJ5YGGQSNDLRCKHSCJUNN2JVN?articleID=196801690
http://lxer.com/module/newswire/view/77854/
http://www.eetimes.com/showArticle.jhtml;jsessionid=RE1ATMZRJ5YGGQSNDLRCKHSCJUNN2JVN?articleID=196800083

Finally I like this one:

http://www.compusa.com/products/products.asp?Ntt=tv+tuner&N=0&Dx=mode+matchall&Nty=1&D=tv+tuner&Ns=top%5Fseller%7C1&Ntk=All#sort1

It shows CompUSA's top selling TV Tuners and last time I checked HAUP did quite good 

Well this should keep anybody interested in HAUP busy for a long time.

Those of us who are already invested can just sit back and enjoy 

[David Randolph]

Awesome information Michael

I especially enjoyed the Microsoft and CompUSA's links (still no time to read the others, but I certainly will). No doubt there's a growing market for TV tuners and HAUP has the competitive edge.

I already expect HAUP to have its best quarter ever in revenue terms in fiscal Q1 2007 (the December quarter), but if they could increase their gross and net profit margins too, that would be spectacular !

Technically HAUP was able to close above the $7.63 short term local high, and the sky is clear for a trip to the next resistance level, at $10.10.

Technicals & Fundamentals agree, HAUP is a stock to own.

[Terliso]

What a nice 3 Year weekly chart for HAUP, for me that's sexy!

[David Randolph]

HAUP isn't the easiest stock to trade, it has been giving us several false short term technical signals.

But, the main trend, and this is why we use trendlines and moving averages, is up, there's no doubt about that.

Perhaps the stock felt sorry for that micro-gap opened between $7.25 and $7.30 and is coming back down to fill the gap. Only then it will make its move towards $10.1, which is the next relevant resistance level.

Fundamentally, as we've been discussing, my main concern is the declining gross margin, but probably that concern will be dismissed when the company reports its strongest quarter ever (the December quarter, fiscal Q1 2007).

Nothing else to do but to continue holding HAUP.

[HANDBALLJIM]

David,

I am going to Vegas at the end of the Month to work a show that deals with the Art and Framing biz.

As far as the CES show goes...someone told me today that it would take 3 weeks to see the whole CES show since it is huge and spread out to many hotels. But he did go out there to see a couple of companies that he had positions in...and was well worth the trip.  VEGAS

I thought you might find this helpful...updated news of the CES show!!! 
http://ces.engadget.com/

But you Gotta love that IPHONE though.
http://www.apple.com/iphone/

Go "HAUP" >>>>

[lancefur]

Perhaps the stock felt sorry for that micro-gap opened between $7.25 and $7.30 and is coming back down to fill the gap. Only then it will make its move towards $10.1, which is the next relevant resistance level.

Fundamentally, as we've been discussing, my main concern is the declining gross margin, but probably that concern will be dismissed when the company reports its strongest quarter ever (the December quarter, fiscal Q1 2007).

Nothing else to do but to continue holding HAUP.

Maybe a stupid question and I am sure this has been asked many times before and answered many times before but how does one calculate the next resistance level of a stock? Or a filling a gap, etc?

Again sorry for the same old repeatable question but this aids in my learning process. Thanks!

[David Randolph]

Not stupid at all, great questions on technical analysis lancefur, keep them coming

how does one calculate the next resistance level of a stock?

This can be better understood visually and using an example. Let's take HAUP. I talk about $10.10 being the next resistance level because ...



... now that the stock is above the $6.78 and $7.17 highs (which were previous highs, hence their relevancy) the next previous high or resistance level stands just at $10.10.

Resistance levels are past reference points. A previous high as in HAUP's example, or a former support level (a support, when broken, becomes a resistance). And a resistance, when broken on the upside, becomes a technical support.

Or a filling a gap, etc?

A gap is a price range that wasn't traded. Again, taking HAUP's chart:



Friday's high was $7.25 and Monday's low was $7.30, so there was a gap between $7.25 and $7.30, those prices in between were not traded.

Usually gaps are filled, except when a stock gaps over a resistance level (a breakaway gap) or gaps down over a support level.

Anyway, support levels, resistance levels, and gaps are just short term technical tools that shouldn't be part of a sound long term investment strategy.

[David Randolph]

HAUP did a perfect job closing that gap today, time to move up now.

[realcoolhead]

Did anyone see AppleTV as a threat to HAUP?

[Michael]

Did anyone see AppleTV as a threat to HAUP?

On the contrary. AppleTV will stream music and video wirelessly between televisions and computers but you still need to capture the Video. So what do you need.......


I think that is one of the reasons we are seeing a nice gain today 

Or maybe David is controlling this stock :

HAUP did a perfect job closing that gap today, time to move up now.

Or maybe the market just finally realize that HAUP is a great investment 

To be honest I sold 50% of my position today. Still holding 50%!!! I was way overexposed in HAUP so this is not profit taking but rather risk reduction. Even though I kind of like to lock a little profit here