OT: I think PGN could fall below 37 pretty easily if the UTY continues back towards 225. I expect that will happen in the next 5 weeks:
stockcharts.com[l,a]mhclyiay[d19950101,20021231][pb50!b200!d20,2!i!f][vc60][iUb14!Uk14!Ul14!Lp14,3,3!Lf!Lc20!Lah12,26,9]&pref=G
I would probably pick DUK over PGN because it closer to book value but PGN has maintained a higher relative stock price for good reasons I'm sure. So maybe I should rethink that?
biz.yahoo.com
biz.yahoo.com
EDS probably merits a lot of additional discussion. I mean it really got nailed the other day. It definitely is way below previous lows. From Briefing.com:
Sep 18 2002 4:11 PM In Play EDS warns for Q3 (EDS) 36.46 -1.30: -- Update -- Says it expects revenues and earnings for its third quarter 'to be lower than previous company guidance' -- sees earnings in the range of $0.12-$0.15 per share vs the current Multex consensus estimate of $0.74 per share; sees revs of $5.3-$5.5 bln vs the current Multex consensus estimate of $5.7 bln. Note that several of the items cited for the warning appear to be one-time charges.
biz.yahoo.com
stockcharts.com[l,a]mhclyiay[d19950101,20021231][pb50!b200!d20,2!i!f][vc60][iUb14!Uk14!Ul14!Lp14,3,3!Lf!Lc20!Lah12,26,9]&pref=G
I tried SLR earlier this year and I am sure glad I did not hold it. Among the contract manufacturers I would suggest FLEX below 6 and JBL below 15 as better alternatives because they have run tighter ships:
finance.yahoo.com
We need to check the cash value plays once we are sure we have hit bottom. If I am right and we get a bounce for the SOX this week all those stocks and especially the semiconductor picks will move higher. Since I don't think we have seen the bottom we probably should get real picky on entry points on the potential buys.
Feel free to add more picks or debunk any analysis I have added on the picks discussed so far.
Thanks, RtS |
