Hello! (hello...hello.....hello........hello.........)
Ok, the recent downturn has taken a lot of super stocks with
mid to small capitalizations and outsized names down
from their hights and into Ken Fisher's breadbasket.
Here are my favorites ---
Micron Electronics (MUEI) at a measly 13 and change. The most misunderstood company in the world. I exaggerate, but the PSR approaching down around 0.60. The analysts aren't there yet, but the sales growth, management, product quality, customer service, and expansion plans are.
Silicon Graphics (SGI) back at 12. Not so sure about this one,
but it is the only one that booted it's CEO as it should've done
according to Fisher.
Quantum (QNTM) is taking off again today, but around 25-26 it
has technical support and a Fisheresque PSR and PRR. Down from
the 40s, but it hasn't reported any glitches, and the analysts
on their faces are still loving it while they tell their
friendly portfolio managers to sell. Does an industry-wide
glitch count?
Oxford Health Plans (OXHP) . Big time glitch. To the tune of
a 64% one day loss and continued hemorrhaging since then.
Is management great? Yes, but they stumbled on the details. PSR now
less than 0.50. Classic. Everyone hates it.
Disclaimer: just bought OXHP, QNTM, and MUEI. SGI I just
don't understand enough.
Good Investing,
Mike |
