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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (170988)	6/11/2003 12:54:47 AM
From: tejek	Read Replies (1) \| Respond to of 1584742

Ted, the pickup in volume of ATAR was yesterday, not today. That's true but volume was slightly higher today.......373k vs 366k yesterday. Its at least going in the right direction and both days had the best volume in a week. It still below par however. The ave. daily volume is around 690k. That corresponded with a late-day jump from 4.3 to 4.6. If ATAR goes back to the support near 4.2 again, would that be a good time to double-up? The support is between $4.01 and $4.11. Its tested and bounced off that support three times now......you don't want it doing it too much more. Pardon me if I sound like a newbie to chart-reading. Well, let me tell you what the chart says. ATAR is forming the right side of a two year cup. Right now its not moving up because there are a number of questions on the table. That's why it keeps coming back to $4. I don't know how much you have bought but I would wait before you buy more. You want to see if it moves out of its current trading channel which is roughly $4 to $5.50. A lot depends on how good its next quarterly report is, how it reduces its current liabilities......it has too much debt, and if the Matrix game continues to do well. That's a lot of 'ifs'. That means you don't want to commit too much of your capital until the picture gets clearer and the trading channel is broken decisively to the upside. That's why I've only bought a few shares. It forces me to keep my eye on the stock without locking up too much capital. I think this could be a double if things fall into place. If it improves its margins and free cash flow, and its games are real popular, it could do much more than that. It has the revenues and growth for a larger move.....price to sales ratio is at a paltry .59. Some patience is required, however, on this one. That's my take. ted

To: Tenchusatsu who wrote (170988)	6/11/2003 12:02:13 PM
From: tejek	Respond to of 1584742

Ten, Notice how RMTI has stopped falling and volume has dropped off. If it continues like that til the close, I will start a position. A stock I wish I had mentioned to the thread was NGAS. I rode the sucker up from a $1.50 to $3.60 and was getting ready to sell it late last week when it took off......its at $5.10 today. Watch it......it gapped up today so I would expect it will pull back and fill the gap. That's when I will buy more. The reason for its huge move is two fold.........natural gas prices are the highest they've been in years and there is a shortage. In addition, NGAS has done something recently......bought a new field or drilled more wells etc.......that suggest its business will pick up a lot. I'll have to reread its 10Q. Lots of insider buying....always a good sign. Just looked at the chart.....the gap was only $.02; it might not get filled. This stock has no overhead so the sky is the limit..not really but there is nothing to slow it down right here. Another Oil and Gas play is DYN......got creamed two years ago when ENE imploded. Was once a $50 stock. Has gotten its house in order and is starting to work off its debt. Currently, hanging around its 50 day......always a good time to buy. I plan to pick some more at the close. Finally, ATAR is up again nicely......reason.....earnings for the quarter to be announced next week. Dangerous time......put a stop loss in. March and June quarters are typically garbage ones for ATAR......its cycle is much like AMD and INTC. This year what everyone will want to hear is how the Matrix game is doing. That will determine whether the stock crashes or ramps. Another stock that I don't have time to discuss right now but will if you are interested is DFC. Housing finance company that went bankrupt; out of bankruptcy and doing well......both EPS and revenues are growing quickly. Had a huge ramp up in April/May......went from $2 to $7. Its consolidating those gains right now and then I expect it to move up quickly again. ted