it looks like your options are doing well. congratulations there.
i've continued to stay out of pb; with FY99 estimates trending towards $1.15, i think the stock is still considerably overvalued where it is now, and i would not be surprised to see it back around 15.
i'm not so hot on ctea now either, though. i'm worried about increasing commoditization of the herbal supplements market. my picks for the year ahead: csco, dacg, emis, and ionay (not a food/bev stock in the bunch, i'm afraid).
Still disagree on PB, but that's what makes a market. Time will tell. Market seemed to expect earnings - most recent analyst estimate was .13, so no dramatic movement in stock price there, so far. Brazil's ability to follow through will be important to the region as a whole, so we'll see. Region is still not condemned to a major recession, IMHO, despite some fears to the contrary. Brazil, though, seems resigned to one negative growth year. Venezuala is still going to be a function of oil prices. Brazil's ability to follow through on its budget, currency, IMF relationships, will obviously be a major influence on the region, and on PB stock...
Congrats on PZZA, that one seems to be doing quite well. Do I gather you're out of it, for now?
Watch out for CSCO - it's one I do follow. Definitely the market leader, tough to go too far wrong with it, and it's still trading at good value, now. I do sell puts (or covered call plays) on it a lot, but don't currently own any stock. CSCO owns the enterprise market but is not doing well in the carrier market, at all. Great management, though, perhaps the best CEO in the world. But if NT manages to digest BAY successfully, and if LU picks up a company like ASND or NN, CSCO could be in trouble (tough to maintain those growth rates without the carrier segment).
I'm hedging a lot, but most of my money long money in that sector, for next year, is on ASND. ASND, even by itself is giving CSCO a run for its money in the carrier segment. Other potential competitors could come out of nowhere, leveraging existing carrier relationships (e.g., Siemans, ERICY, ALA, etc.). Caveat emptor. I would never bet against CSCO, but I'm not sure their upside is as significant as some of their competitors. Also check out XYLN, FORE, COMS, MRVC, and maybe even CS, if you want some more risky plays in the sector. Not recommending any, right now (three weeks ago, or so, I might've - hope that's when you picked up CSCO), but I'm just not as high on CSCO as most people seem to be. Was that CSCO announcement last week regarding a 25% growth rate a warning, future guidance, a slip of the tongue, or a minimum prediction? Just don't get that warm fuzzy...
No knowledge of or opinions regarding your other picks, couple are below my cap threshhold. But good luck on them!
The fortunes of this company rest largly on what happens in Brazil. It looks like the IMF is going to loan them 30B to get their economy and currency back in line. Brazil is key to Latin American economies being so large. They havn't devalued their currency but have had to raise interest rates to 40% to avoid it.The rise in PB reflected the hope for Brazil.