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Technology Stocks : MIPS Technology

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To: alanrs who wrote (282)	9/13/2006 11:44:32 PM
From: Tom Caruthers	Read Replies (1) of 337

LOL. I read charts and trade stocks. The only one that I don't trade is Ramtron. I have only averaged down, and have recently averaged up. In general, it has been a huge disappointment. But part of that is my fault. There have been many times over the 11 years I have been a RMTR shareholder that I could have made a solid profit, but overestimated the progress at the company. I really believe that it is different now. The stock is undervalued compared to what is happening at the company. IMO, it is at least a $4 stock. A good run now will more than make up for my pain. If you look at today's action, I believe we are started on the upswing to $4. LSI is a different story. I've managed to buy low, sell high on numerous occasions. I like the LSI chart now. It has turned a corner. If it closes about $8.5, I think it will have a good run. Watch MIPS. The chart looks very constructive with a next stop likely at $8, with some backfilling and then going higher from there. Good luck! Tom

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