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Technology Stocks : SONS
SONS 7.830+2.8%Nov 28 4:00 PM EST

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From: carranza211/20/2006 4:08:59 PM
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Got all MoMoLoCo and added today at 5.69. Currently at 5.79, which merits a soft yeehaaaw.

The options issue will probably go away; this is not a thuggish company like BRCM or big enough to have a few rats doing big damage.

The upgrades will continue. We might see one after CSFB meets with SONS on the 29th. I think this dynamic might have driven today's action to some extent. In any event, a new trading range might be in the process of getting established.

The Piper Jaffray note was actually quite conservative, IMO. Earnings per share should be higher than the high .20s it sees in '08. More like the mid to high .30s, IMO, and perhaps even higher.
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