***** OT *****
CA/CTXS.
Take this with a giant salt lick.
CTXS: A great trading stock, but I have never really thought about investing in it. A good investment price looks to be about 47. I'm not sure you would get more than 70, but beta is high and it could be quick and lucrative. 90-day MACD is starting to roll into the buy range, volume has been about average [I have 1,524 mm average volume]. I didn't even read the last quarter's 10-Q. I should do that today, just to see what's up.
CA: Never traded it [NYSE], never invested in it because they have a history of growing through mergers not through earnings. For example, MSFT, INTC, CSCO grow like crazy, then consolidate their power through acquisition. CA has grown to keep up with the earnings the competition is producing. This is a favorite trick of LBO companies that can't manage to grow their newly purchased dog. Make the EBITDA look good, take it public, and dump it. This type of purchase dilutes the stock and hence the stock value. Watch what happens to TLAB over the next six months -- down, down, down. Just on a quick look, 48 1/2 looks good, out at 60. Same thing with the 90-day MACD, volume has been a bit lower since the February dump. [Was that an acquisition or an earnings warning?] |
