*AV*--All the stocks mentioned appear on a list that I follow which totals 90 stocks. 24 of those stocks are picks from the group like FTEL, MEDY, CAMP, C.TVL, etc. Therefore, when asked for a quick 10% for next week, I have to go back to my list of non performing stocks and determine which one are still underperforming for no reason at all. They also need to be a quality type investment to be considered.
With all the caveats mentioned in the original post, I came up with the list of 9 stocks as finalists. However, your great link to CFMT made me add the bold comment back to the post that CFMT was the most likely 10%er which it was yesterday.
Now to the chase. I am getting a little bearish about the market sectors expecially with the DOW reaching 7000. I see some profit taking going on and some rotations again taking place, hence the list of 9. Historically speaking, NSCP at anytime can bounce up 10% from the $35 level. To me, the charts indicate that, expecially with no real upward motion having taken place after it s recent earnings announcement. NETC is still a takeover candidate in my book and with the recent issues at AOL, there may be some migration over to NETC which may then be able to either turn a profit or make it more attractive as a takeover. They are 600,000 subscribers strong and growing. No match for AOL but a definite catch for one of the Telephone or cable companies that want to buy subscribers real fast for their own growing ISP business. ONTK is the only enabling technology stock that I have mentioned that has not done a damn thing relative to the recent market rally. They will more than likely be the cleaning station at the end of the AMAT CMP system as an OEM add in module. AMAT's run up and its strength in this area lead me to beleive ONTK will get "discovered" next week as the only advanced technology enabling equipment company that was overlooked in this week's run up.
IDTI is like AMD, it is all dressed up and nowehere to go. They completed a very expensive 8" fab upgrade which was a financial drain on the company. It is completed and ready to ramp. As it ramps up, it becomes more of a postive impact on the corporate ledger. IC bookings are picking up. AMD had the same problem with FAB25 in Austin. Price of AMD dropped from the high teens to about $11. As soon as the K5 started ramping up, AMD quickly made it up to $30. It takes very little time (30 days or less) to go from an empty IC fab to a full IC fab. IDTI is starting to turn around, IMO.
Will comment on others, if you like. |
