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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Jenna who wrote (116901)11/17/2000 12:42:59 PM
From: ColtonGang  Respond to of 120523
 
VA Linux Systems
NASDAQ: LNUX
Rating:BUY (We anticipate the stock will outperform its peer group over the next 12 months.)
Sector: Open Source & Pervasive Computing
Price Target: $25
LNUX: FQ1:01 Results in-line with preannounced expectations Maintain Buy Rating and $25 Price Target
Prakesh Patel discusses VA Linux's FQ1:01 results and maintains Buy rating. VA Linux Systems announced FQ1:01 results of $56.1 million in revenue and an operating EPS loss of ($0.15). The larger sequential loss in operating EPS-FQ4:00 operating EPS was ($0.10)-was primarily due to increased operating expenses on expected greater revenue growth. We believe that the Company's strategy to diversify its customer base should broaden its revenue opportunity and provide more predictability of revenue going forward.



To: Jenna who wrote (116901)11/17/2000 12:46:02 PM
From: Jenna  Read Replies (1) | Respond to of 120523
 
<font color=teal><Intraday updates> Watch List November 17
#1 is retriggering at 119
#2 is retriggering at 22 3/16
#3 will retrigger at 122
#4 is retriggering at 33 5/8
#6 looks good at 68 1/2 .. this one was in a steep downtrend.
#7 still consolidating also in a deep correction
#8 will retrigger at 20 11/16
#9 also in deep downtrend I'd wait for 57 1/2
#10 will retrigger at 77 1/2 as it formed a double top at 12:30 and 12:35 on the 5 minute chart.



To: Jenna who wrote (116901)11/17/2000 1:01:24 PM
From: Jenna  Read Replies (1) | Respond to of 120523
 
IDPH to 5 1/2 from the buy trigger at 1 1/2 (puts) hold the short or if you are November puts I'd cover near the close.



To: Jenna who wrote (116901)11/17/2000 1:04:46 PM
From: Jenna  Read Replies (1) | Respond to of 120523
 
HAND now 64 5/16 from trigger short at 68 13/16... I'd hold longer. Market is looking weak as water here.