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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Jibacoa who wrote (23756)2/8/2001 6:50:30 PM
From: Ken W  Read Replies (3) | Respond to of 29382
 
Bernard:

"we'll have to wait and see what happens"

ROFL!!!!!!!!! Now there is an opinion that no one else could come up with. Duh!! This woman gets millions in pay from Goldman and that is the best she can come up with? Hell, I could have come up with that one for a couple of thousand dollars. LOL

To Joe: CHK is a roller now 9 to 10 and mid 8 to mid 9. There was too much overhead built into the stock on the run over 10 when NG was high. NG has come back, but not to the highs of Dec. and early Jan. I have an eye on it to become a constant roller, just like DELL and now, hopefully RDRT. RDRT has set in strong support in the low 8's and resistance in the low 9's......without much coming out in the news I would expect most stocks to perform this way for then next 30 to 60 days. Now is the time to make safe money.

Grabbed some of Sergio's MTNT this morning on a fluke trade at 4 1/4...read the financial deal with the new venture. They also report less of a loss by about 2 bucks. The street liked it.

PCOM: I listened to the CC this afternoon. Very positive.

Selling the rf Mast biz. in England was a win move IMO. PCOM gets 13mm US with no drawdown charges going straight to the bottom line. Increases cash considerably and about 2.4 cents to eps. The company guided slightly lower in the 2nd Q. but expects to be eps positve this Q and grow margins at 30% by yearend. They have follow on orders coming from Japan from the 3mm order just delivered and passed all of the tests. They also announced a 1mm order from a US customer today.

Interest expense and tax expense will decrease as will SG and A costs against sales. The expect sales to increase Q over Q by 5 to 7% per Q. No dilution to the stock other than options excersized and have no plan to borrow money or go to the equity market for financing.

I own the stock so take my cheerleading with a grain of salt.

TA wise the stock needs to break back over 4.06 on volume to reverse the current trading range of 3.50 to 4.00...the upside is about 5.50 with high 7 low 8 after that.

Ken