Dick, we sure like the same stocks, don't we? We've both ridden the CREAF roller coaster, and of course the unmentionable APM! <g>
I have given up TA (I can't afford the software, and can't put in the time commitmeent), but others say CELL is resting near support. Also, it has been down on low volume at least. In any event, if you buy now, you certainly won't be regretting it in 6-12 months. Of course, that's what we said with APM now wasn't it! :o)
Also may be worth noting that the stock may be trading down after earnings because of the perception by some that they did a little creative accounting to cover up a $4.4 million currency loss (.08 per share). However, CFO has denied it, and I read a report by ML that said to disregard it.
What other stocks are you looking at these days? FWIW, I also like QCOM in the wireless telecom biz. Rumors on the thread say that a huge royalty deal in Europe and also with heavyweight Ericsson are imminent. From what I've read, the rumor is very possible given the circumstances surrounding the company.
Good luck,
Brian |
