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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Jibacoa who wrote (903)10/12/2007 2:47:02 PM
From: Jibacoa  Read Replies (1) of 1404
 
GIGA is having a good spike today.It was up 98% at its intraday H of $4.98 <g>

bigcharts.marketwatch.com

It announced yesterday that it will release results for the 2ndQ on Tuesday, October 30, after the close of the market.

GIGA started its new fiscal Yr. on the right foot, with 37% improvement on Revenues & earnings of $0.03/shr vs. loss of $0.21/shr on the 1stQ of 2007.

The 2ndQ results are expected to be good, since GIGA reported that its orders improved 70% in the 1stQ to $4,980,000 from $2,933,000 in the 1stQ of 2007 & its book-to-bill ratio increased to 1.08 vs. 0.87

GIGA has resistance at the $5 level, but with some good reports it could double from present levels.<g>

bigcharts.marketwatch.com

Bernard
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