SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Vitesse Semiconductor

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: sixty2nds who wrote (4463)2/9/2006 7:34:21 AM
From: sixty2nds  Read Replies (1) of 4710
 
05:08 Cramer's 'Mad Money' recap

On Wednesday's edition, Jim recommends EDO (EDO) and Axsys Technologies (AXYS) as his two defense department picks. He believes EDO, which makes unmanned aircraft, is a co that will be tapped to enhance military performance and cites that revenue has risen 40% since 1999. Axsys is a nano-positioning stock meaning that it makes thermal-imaging devices and really powerful precision-optical components. As for speculation plays, he recommends Vitesse Semiconductor (VTSS) as a comeback stock that has great pin action off the upbeat Cisco (CSCO) quarter. He doesn't like Vitesse above $3.75 as a trade and cites the co is still a money-loser in turnaround mode that's trying to narrow its deficit. Additionally, there are upgrade trends that will benefit the co and networks are improving their speed and that will necessitate technology made by Vitesse. Finally, he would stay away from Avnet (AVT) because the distributor business is second-rate and has low margins.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext