RE: off topic (CYRX TA support levels, FSCX)
Hi Bosco,
regarding CYRX, the $20 support was broken, so look to buy at or near the $19 level, in case You didn't enter yet. Lower bollinger band is at $18 and something. Seems that this one is a real fine trading opportunity !
I will try to get some names of software companies that not everybody knows. Also I will research into FSCX (Fast data comm), a player similar to ADTN. The leverage is greater here, since FSCX is always at the brink of profits (normal margins in the 10% range, emphasis on HDSL, Frame Relay and ease - of - use). Will try to produce a TA with my software tools soon.
BTW: PAGE doesn't look good on a TA. Still has room to fall. I will prefer ECI definitely. Also ECI is profitable, PAGE not and the latter capital expenditure (and the interest burden of the latter) is numerous (could get hurt again when rates are raised). You mention ECI as a long-distance carrier (sounds interesting fundamentally). Is that the main difference btw. PAGE and ECI ? (PAGE a pager-only and ECI a pager+long distance carrier ?). If so, this would be another reason to prefer ECI IMO.
Greetings,
CROSSY |
