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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Magnatizer who wrote (7355)4/11/2005 6:21:14 PM
From: Sergio H  Read Replies (2) of 23958
 
OPLK

This is another stock with a downtrending chart, signalling a potential turnaround. The co. fell out of favor and then into relative obscurity when a planned merger didn't go down about three years ago. Here's an article about the failed merger:
lightreading.com

OPLK put a new game plan in action. They are attempting to make a profit as a manufacturer for the optical industry. Last quarter they cited delays in their China plant for coming in with lower earnings than expected - a loss of two cents per share when expectation were for break even.

They're due to report this month. Since there's no debt and about a dollar per share in the till, with the stock trading at book values, any improvement in the earnings numbers will give rise to the stock price.
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