doug
i have been in and out 4 times already only lost money once
when I jumped in at 24 and sold at 22 recently. I am comfortable
to hold pair at this level. among the xdsl companies, i see
pair is one of the strongest fundamentally: strong earnings,
strong cash flow, no debt, high return of equity and profit margin.
though its recent earnings are flat compared to last year, but
I accept it. It happens to most tech like adct, intel, cpq, hp,
etc. you name it. You get what you are paying for; otherwise, I
would chasing Lu or cisco. Anyway, pair's recent deals with
NT and Rockwell are attractive to me. At this price, it is an
attractive buy out candidate. ADCT's today good news could be
a turn-around signal for the telecom equipment in general, PAIR
specifically. I bought BAY at 22 13/16 just last month. It's
paid off now as I sold at 28. I just bought COMS at 30 and 29.
People may laugh now but will see. |
