SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Technical analysis for shorts & longs
SPY 689.230.0%Jan 23 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Iris Shih who wrote (23221)8/30/1999 12:31:00 PM
From: Johnny Canuck  Read Replies (1) of 70035
 
Iris and drsvelte,

ADCT weakness is due to the reduced R&D spending in the Q and the guidance by the company for revenue growth of 20 to 25 percent and EPS growth slightly north of that number on a year over year basis going forward. Strength in broadband products were considered by management to be a one time event. Homeworx product sales look strong going forward. Much of the big growth in Homeworx will depend on T though and that is a concern as TLAB is selling a competing product. Most of Homeworx sales are for testing purposes only right now.The reduced R&D spending helped the EPS this Q, but is a concern as it indicates the completion of a product development phase and the lack of a start of a new one. There was also a trend for profit taking on the telecom equipment stocks after earnings this Q. It looks like money was moving out of the group in general most of August. There is selected strength in individual stocks though such as QCOM and AFCI and CIEN based on news from last week.

Iris, what is your target for RFMD? I am looks to start a long position also.

One the short side, Clearstation recommending going short WCII and RTHM. I have not had a chance to look at the charts and fundamental myself yet.

Harry
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News