SW, for INDEX # 1, I would like to see if MSEL is of interest. Hope you still remember the 4 distributors Compaq now exclusively deals with, MSEL is one of them. dailynews.yahoo.com
Since the May 10 news, MSEL has based at the $2.00 range and found strong support, where it has been slowly but surely moving up, which makes me very happy. In at 2 1/8 - 1/4 range.
MSEL stands to gain a lot this year if you look at two of the other distributors: Ingram Micro and Tech Data. Look at all the good news for these companies since the Compaq announcement.
5/24 Ingram Micro - Upgraded by DLJ to: BUY
5/19 KPMG and Ingram Micro Team to Develop 'Virtual Marketplace' for Technology Solutions...
E-Commerce Initiative Will Create First Web Portal Offering Purchasing, Fulfillment and Distribution Services for Technology
Solutions biz.yahoo.com
5/20 Tech Data Signs Deal With GE Capital
MIAMI (Reuters) - Computer-equipment distributor Tech Data Corp. (Nasdaq:TECD - news) said Thursday it would become the main supplier for General Electric Co.'s. information technology unit, a deal worth $2 billion a year in sales to Tech Data.
Tech Data, based in Clearwater, Fla., will buy, configure and assemble computer equipment for GE Capital IT Solutions under the three-year agreement in which Tech Data will take control of a GE facility in Frederick, Md. The GE unit provides businesses with information technology products and services.
The deal comes about a week after a similar pact was announced between Tech Data and other suppliers of the world's biggest personal computer maker, Compaq Computer Corp. (NYSE:CPQ - news) It suggests that computer distributors will continue to play a central role in the industry, analysts said.
dailynews.yahoo.com
Back to MSEL:
Recent financials: biz.yahoo.com, which signaled the bottom for me. It's up from here on and I think the three analysts that cover will eventually also share that same feeling: 1 MODERATE BUY, 2 HOLD
From StockSelector.com
This Quarter's Estimate: $0.00
This Quarter's Whisper: N/A
Year Ago Earnings: $0.05
Scheduled Report Date: 8/13/99
This Quarter's Growth: (100.0%)
Next Quarter's Estimate: $0.03
Year Ago Earnings: $0.06
Next Quarter's Growth: (50.0%)
Fiscal Year's Estimate: $0.07
Fiscal Year-end: 12/99
Prior Year's Earnings: $0.23
Fiscal Year's Growth: (69.6%)
PE on Fiscal Year Earnings: 37.9
Next Year's Estimate: $0.25
Next Year's Growth: 257.1%
PE on Next Year's Earnings: 10.6
Twick
P.S. Another great day for ASTN, IFSX, and NOOF. Also love that BGIX news with BigOnline.com. Looking forward to the new medical community they are building. |
