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Technology Stocks : PLX Technology, Inc. (PLXT)

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To: robert b furman who wrote (165)4/18/2006 12:27:24 PM
From: The Ox  Read Replies (1) of 184
 
Hi Bob!

PLXT has done very well lately. Being a cautious person, I would consider taking some profits off the table, as the stock has gone up 25% over the past 3 months. Having written the above, I would not dump my position if one has a long term investment view. The stock has wild swings that can be taken advantage of but my long term view is still very positive. As we've seen in the past, any one quarter's short term guidance can cause the stock to rocket up or drop like a stone in water!

I still believe the PLXT story will start to blossom soon, the question is how soon. Are we looking 4 to 6 quarters out or are we going to see the ball start rolling in the immediate future?

I am also expecting a good report but it will be interesting to see if we get the normal sell the news (no matter how good the news is), since we've had a very nice ramp of the stock price into earnings.

T.O.
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