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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Dennis 3 who wrote (49618)	10/2/2012 1:19:00 AM
From: richardred	1 Recommendation Respond to of 78822

Dennis: I have to tell you I like it or I wouldn't have bought back into it. My timing was a bit off as I suffered the effects of the lowered revenue guidance. I don't know if you saw both of news items of late on it. The Motley Fool person likes it for the quarter and the Seeking Alpha person says sell before the earnings. One will be right. I however will be holding through the earnings release. I am willing to wait for improvement with a good dividend for that wait. Depending on market reaction. The shares could be an even better value after the release, if they disappoint. Most likely it would break a 52 week low. Netapp is a big % customer, so is Dell. I find it Interesting IBM is still a customer as the company was once owned by IBM. The company is dependent on those two big customer so they will suffer or gain on their fortunes. This is a company I believe has high speculative appeal do to the acquisitions that been going on in the cloud space. I believe they have some good cloud storage products. Little kicker here is the company still has some tax loss carry forwards to shelter earnings. Drive wise- I've looked at Hutchinson Technology Inc. (HTCH) before. I believe it was mentioned before in this board as a value. I'm glad I passed on that one. I could be wrong about this one still, but the balance sheet is in good shape presently. My entry date Message 28375771 PS My increased interest in high tech came from a former employer of mine Burroughs Corp. Witch merged with Sperry Rand to form Unisys. UIS is basically a software company now. Speaking of current values in high tech. UIS is only trading at around 6 time forward earnings. I've not bought back in as I sold all my company matched benefits with Burroughs stock.in 1987.