Posts Tagged ‘stock advice’

Silicom Announces New Chinese Order

By: ispeculatornew | Date posted: 02.04.2008 (9:31 pm)

SILC – Silicom Limited (Nasdaq) – (Closing Price – $16.70)

Today Silicom Limited announced an order for $1.8 million from “one of China’s largest domestic server companies, representing its first significant penetration into the vast Chinese market.” The stock traded up over 14% on the news.

This is obviously a positive development for Silicom Limited and the stock price is starting to gain some strong momentum. The company just reported very good fourth quarter results and I wouldn’t even consider selling right now.

Some other stocks in the WAN optimization field that have seen undeserved fifty percent drops from their highs last year are BCSI and RVBD. These two stocks are definitely worth further research.

Disclaimer: I have no position in any of the stocks mentioned.

8×8 Reports Q3 08 Results, Shows Continued Improvement

By: ispeculatornew | Date posted: 02.02.2008 (12:42 pm)

EGHT – 8×8 Inc. (Nasdaq) – (Closing Price on Friday 2/1/08 – $1.22) 

8×8 Inc. reported their Q3 2008 financial results on January 30 and reported record revenues and a small profit.

8×8 reported revenue of 15.8 million which was a 7% increase sequentially and a 19% increase year over year. 8×8 reported net income of 1.39 million and EPS of 0.02 per diluted share. During the quarter, 8×8 sold two of its non-core patents for 1.2 million and accounted for the sale as other income. Without the one time gain related to the patent sale and a gain related to the change in the value of warrant liability 8×8 would have reported a small loss. However, this loss is smaller than the previous quarter and the same quarter last year and the company is still on the right track towards sustained profitability. Overall 8×8 reported a nice quarter.

In the conference call the CEO mentioned a few positive catalysts to look for in the coming year. The CEO stated that the company is seeking to further monetize its intellectual property and to expect the introduction of new services in the coming year. He also said the goal is for consistent profitability going forward.

8×8 is continuing to show improvement in its financial results and I would hold or accumulate more shares.

Disclaimer: I have no position in EGHT.

Silicom Reports Nice Q4 2007 Results

By: ispeculatornew | Date posted: 01.28.2008 (8:52 pm)

SILC – Silicom Limited (Nasdaq) – (Closing Price – $13.92) 

Silicom Limited announced fourth quarter results today and reported increases in revenue and EPS. The share price responded with a gain over 17%.

Silicom reported revenue of 7.48 million which was a 13% improvement over last quarter and a 49% improvement over the comparable quarter last year. EPS came in at $0.27 which was also an improvement sequentially ($0.25) and YOY ($0.20).

Even with today’s gain of 17% Silicom Limited is trading at a trailing PE of 14. That is very cheap considering the growth Silicom Limited has experienced over the last couple of years. The WAN optimization sector is projected to show strong growth for the next few years which will benefit Silicom Limited in future quarters.

The stock price of Silicom Limited is trading very near my initial recommendation and I still think the company is a good buying opportunity. I would recommend that you continue to hold your shares or even accumulate some more.

Disclaimer: I have no position in SILC.

Timothy Sykes Stock Blog

By: ispeculatornew | Date posted: 12.26.2007 (4:45 pm)

If you base most of your stock making decisions on technical analysis you should check out the stock blog of Timothy Sykes. He provides his personal trading decisions along with trading advice.

He is also the author of An American Hedge Fund which details the wild ride of the hedge fund he started. It has many good reviews so it should be worth a look.

Stocks Worthy of More Research

By: ispeculatornew | Date posted: 12.23.2007 (1:57 pm)

Here are a couple of stocks that have been submitted to me that are worthy of more research.

The first is Shengdatech (SDTH). Shengdatech has good fundamentals and the stock price is currently showing some momentum.

The second is Envoy Capital Group (ECGI). Envoy Capital Group has bought back a ton of shares in the last year and the company is trading at a discount to book value.

I am not recommending that you buy shares of these companies. However, they are worth a look.

Disclaimer: I have no position in SDTH or ECGI.

Is LJ International a Good Buy?

By: ispeculatornew | Date posted: 11.20.2007 (10:17 pm)

JADE – LJ International (Nasdaq) (Closing Price – $2.18) 

I recommended shorting LJ International earlier this year for a 17% gain. I recommended to cover too soon but my short recommendation was ultimately a smart recommendation. JADE’s stock price rose as high as $13.15 earlier this year but it has now dropped all the way to $2.18 (at today’s closing price).

So what happened to LJ International and is the company worth a buy at the current price?

The problems started for LJ International when they didn’t report their fourth quarter earnings report for 2006 (they were supposed to report near the end of March). In a show of complete disregard for the investors in their company they didn’t even issue a press release stating why they didn’t report earnings. For some reason this didn’t deter investors in the company and the share price of JADE kept going up. (more…)

Newletter Stock Picks

By: ispeculatornew | Date posted: 11.01.2007 (1:47 pm)

I plan on offering my best stock recommendations and analysis under the category of newsletter picks. This will be subscription service with a price of $299 a year (less than a dollar a day). I am currently trying to increase visitors to my website so all of my advice will be free for the time being. However, my best advice will probably be offered as newletter picks at some point in 2009.

DTLK Update

By: ispeculatornew | Date posted: 01.21.2007 (12:00 am)

DTLK – Datalink (Nasdaq) (Closing Price on Friday, 1/19/07 – $7.52)

Datalink is up 6% since I originally recommended it and there haven’t been any developments since my original recommendation. However, Datalink is set to report earnings on February 7 and I am going to give you my opinion of what you should expect. (more…)