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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Jibacoa who wrote (907)1/6/2006 10:54:47 AM
From: Jibacoa  Read Replies (1) of 1404
 
SANM Traded above its November 9 H of 4.73 The H today at 10.21AM was 4.77 albeit it is now trading at 4.71 <g>)

Today's volume remains relatively low (4,393,664 so far)On Sept 4 when it had the upgap, the volume was 38,026,036

That upgap hasn't been closed.<g>

bigcharts.marketwatch.com

In spite of the poor results on the last 2Qs SANM is expected to close the year with earnings 24% better than in 2004 and for next year another 35% improvement is also expected.<g>

In Dec.23 ADPT announced an agreement with SANM for a multi-year contract manufacturing relationship.

ADPT was going to sell its Singapore manufacturing assets to SANM, which would then provide ADPT's data protection, connectivity and storage products.SANM was buying ADPT's Singapores' assets at BV and ADPT was taking a 6M severance costs related to its work force in Singapore.

SANM's longer term chart remains "interesting".<g>

bigcharts.marketwatch.com

Bernard
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