BUY LOR. read the 2nd q report today and looked fine. stock is very-very beaten down, worse off than Globalstar. LOR's loans are non-recourse. orders and backlog up 50%. huge satellite fleet worldwide. 500 mill cash in the bank. market cap around 2 bill. their satellites alone are worth twice that. and they're a big future-looking wireless-internet play. only downside they're still losing 100 mill a quarter but that was expected. when the sentiment turns this baby will triple. someday fairly soon they'll be making huge profits. in 2-3 years a quintuple or even ten-bagger from here. shorter-term 50% easy. 25% even easier.
Other true bargains:
ADIC - 200 mkill cash 25% gtrowth and 750 mill market cap. 200 K shares short. storage business and very serious about it.
ESHR, down to 77 mill market cap. 20 mill in the bank. is their entire company really worth only 57 mill? stock is down from 25 to 3 1/2. no one has been buying. when that changes...
IFMX - 1.2 bill market cap, re-structuring and cutting costs, 300 mill cash in the bank. entire company valued at 900 mill. ridiculous for a well-known respected name like IFMX.
UIS - PE 8, announcing lots of new deals, 2md half growth ought to be much better, back down to close to 11 which ought to be the bottom for the rest of time. does 65% of buz overseas where it's a bigger name. large gov contracts.
All of the above takeover targets and easily capable of doubling before new years.
LU has started its turnaround. a $100 stock by next year.
VZ will pop big once strike is settled, and it will be settled soon. an $80 stock by next year.
T a no-brainer
NOVL a no-brainer whatever is happening with IBM, or not.
Easy double within 6 months
Big Telcos - all longterm buys. Nobody's going to stop calling. nice safe gainers from here
IBM - the next big leaders still undervalued. will challenge $200 within a year and split then
CPWR at PE 10 - hasn't moved yet from bottom. dog of dogs. any recovery means big spikes.
Staying away from high-fliers ORCL, drugs, bio-tech, retail, oil, most financials, pure internet unless beaten down to cash value, handset makers (for now) and entertainment (high-priced mostly). What's left? Unless you like real estate or utilities I'd say the beaten-down tech dogs like the ojnes above. I frankly see no downside at all other than little dips as we seesaw for awhile. Then 50% minimum gainers by year's end. What's wrong with that?
The good news is Gore's probably going to take it afterall so the market will rally bigtime, except drugs, defence and oil. Gore keeps inflation low, GOP lets the foxes into the hen house. Bush win would kill the market. as soon as huge tax-cuts are doled out our country's living off its credit cards again. but it won't happen. not IMHO. |
