OTOTOTOT (off topic)
JonK--
What I like at these prices (if you bought these today and held for 6-12 months, I think one would do well). I only own Intel and Applied Materials at this time BTW:
1. WDC, western digital $30«. PSR (price to sales) of 0.65, here is a company that sells $4.3 billion worth of drives per year, yet is worth $2.8 billion in the market. I was in WDC on its last upcycle from about $28 to $50, but have not touched it since. One downside is that it is getting late in the DD "cycle" which runs thru January. Typically DDs get hammered come Feb/March. If I had to buy a DD maker, WDC would be it.
2. AMAT, applied materials. PSR 3.50. Market cap ~ $12.8 Billion for the worldwide leader in its field (compared to other leaders in their field, ie CSCO at $55 Bill, INTC at $144 Bill, and MSFT at $174 Bill). Kind of the "Intel" of their sector, AMAT sells semiconductor production equipment to fabs. Still short term neutral, but I did buy more shares in the low $30s. Stock has fallen from $105 to $68 or so since it split. Far East worries on slowdown of fabs. I would wait until November conference call on AMAT long term though to see what CEO Morgan has to say.
3. SUNW, sun micosystems $34«. PSR 1.54. Company comes off all time record September quarter and gets pummeled. Stock down from highs of $50+. Sells off every year in October, almost like clockwork. Some ideas I wrote here:
techstocks.com
4. I like ASND on valuation, as I have posted here recently. Marketcap $5.368 Billion. Seems cheap for a company like Lucent, which is worth ~ $53 Billion based on today's close.
Dont like CSCO (at $80 that is) at all.
Kind of impartial on MU, GTW, and SEG. Those 3 are having pricing/internal problems. |
