Tom, any comments on the following takeover plays?
siliconinvestor.com
I like TTMI, SSTI @ current prices, since their forward PE after warning will still under 10; no debts; has good cash/share.
heard some good comments on SAWS from couple good traders; no conclusion myself.
DITC lost 0.02 the last Q and break even the next Q. So I need DITC to trade closer to its cash level. Will consider DITC 7 and below.
=========================================
Other long ideas:
COMS @ 7. COMS has $6+ cash/share; though it would burn ~0.7 this Q alone.
ACLS around 9.5...low PE, good cash; AMAT patent news; takeover rumor.
============================
According to Barrons, and couple great SI short term market timers like Don Sew, market might hit ST boottom ~Tue, for a nice bear market rally (10%? -g-). At worst, FED cuts rate March 20 :)
I'll watch VXN, currently @ ~78. If it hits low 90 anytime, I'll be very heavy in longs and even buy calls.
stockcharts.com[h,a]declynmy[dd][pd20,2][iUb%2014!La12,26,9!Lp14,3,3] |
