Ok, here we go.
Stocks that I feel that can be traded daily and should remain on your list of daily watches currently are:
CPQ - Great action first thing in the AM, whether it be + or -.
Famous for gapping or running up first thing and sliding
back towards the previous close or daily open.
CYMI - Although recently hurt by earnings, keep an eye on this
issue. Has a nice intraday trading range that can be
taken advantage of. Doesn't often reverse it opening
direction.
FORE - Can be scary, but for a teen stock, very volatile. Moves
well with tech. sector for its price. Is traded heavily
which is another plus.
As takeover candidates:
ABTX - An issue that I have followed for awhile now. Last major
independent in its field. A lot of interest from the big
boys, especially DD. ABTX hired ML to essentially find
a buyer at a premium. Looks like the sale price will
come in at $40-50. Current valuations of other deals
in this industry have been at similar multiples. Should
happen soon.
CIEN - Major crash from $90. But many of the big players want
their technology including CSCO, TLAB, possibly LU. May
not be bought as quickly as ABTX, but I feel it is very
safe. Rumor moves this stock often.
COMS - It will happen eventually, anyones guess as to when. Most
likely suitor is LU, but they have their pick of companies.
COMS seems to be the logical choice.
FORE - Off and on rumor about this issue. Are a leader in what
they do and are still reasonable priced. May not be
anytime soon, but I still believe it is likely eventually.
Long/Intermediate term holds: (I do not necessarily own these now)
CPQ
ATHM
ABTX
CIEN
FORE
RMBS
GBLX
CYMI
DELL
YHOO
FMY
GYMB
F
BA
INTC
These are just a few.
Some current valuation plays:
OZEMY - Low float on this one. Earnings due out on 11/11 or so.
Nice P/E. In a sector that is feast or famine. Feasting
is happening now...
IFCI - In accumulation mode right now. Buying many smaller
players. Good management, low float. Keep an eye on it.
I have been suggesting this one from $3.00.
LBFC - Good earnings, very scary industry with BKs all over the
place. Great P/E. Has forward sold all loand production
through 1st quarter of 99. Have been on this one from
4. I see a possible 12-15. Recent earnings were very
good and interest has waned in last week.
AGTX - A TokyoMex play that looks solid. Great valuation here, has
been beaten up beyond recognition of late. Making a nice
steady climb.
Lets get this board moving.
Happy trading.
Jeff |
