Just take a look at a 2 year chart:
A 2-year resistance of $25 is broken with a extremely high volume of 11 mil shares!
Next upward resistance is visually at around $34-35
Chart doesn't lie!
Sentiment: Strong Buy
You can the following information from yahoo finance site:
1. today's volume is 11 million vs a daily average of 2 mil
2. BIDU, for a 70% China search engine market, is worth over $34 billion while QIHU, at around 10%, is only $3 bil.
3. BIDU market share for its search service is down 22%
4. Qihu has a security service, gaming service, and searching engine service. In addition, it also has a popular browser called 360 security browser which is No. 1 browser in China.
Sentiment: Strong Buy
Think about it: BIDU, for a 80% China search engine market, is worth over $34 billion while QIHU, at around 10%, is only $3 bil. Actually the search engine part is a starting unit of Qihu internet security portfolio.
Today could very well end at above 6 million. Wow!
More to go!
Sentiment: Strong Buy
This is usually a pattern that a stock goes high when a 52 week high is broken in a large volume. Today's volume could end at 6 million which is about 3 times of the daily average of 2 mil.
More to go. Next resistance is $35-36 in about one month!
Nov 26 China Economic Observer, The front page:
Alibaba and Sina signed a cooperation framework, but a final agreement is to be signed yet.
Real earning news should be announced in next month, but the pre-earning run (please check the history of this stock NICH) is now. Plus, pre-announcement could be out any day now.
fun to wait.
watch ENPT and see how it bounced back.
If you believe it is a jewel, buy it. garbage, dump it.
I believe it, so I started to buy when it was 7 and all way down to today for another 1500 share. I'll buy it down all way to 4 if it goes that far.
I did this because I am a believer!
You guys can sell as much as you can. I'll hold bag for some of your shares, for sure.
After an explosive upward move, a profit taking usually follows. This is the case.
Look at vnda, lmra, ...
Generally, 80% stockes will continue to go up after a surprising positive financial results 3 month after an announcement.
NICH is turning that corner last Thu and Fri.
mentioned CMGI favorablly due to improved internet ad enviroment and increased activities. IPO improvement will also help...
cann't remember the original words...
SalesLink Opens New Supply Chain Management Facility in Indianapolis
Business Wire - January 15, 2004 08:38
INDIANAPOLIS, Jan 15, 2004 (BUSINESS WIRE) -- Another 21st Century Logistics Industry has found a home in Central Indiana, Lt. Gov. Kathy Davis said today.
SalesLink Corporation, a wholly owned subsidiary of CMGI Inc. (Nasdaq: CMGI), today announced that its supply chain management (SCM) business has opened a new operating facility in Indianapolis. At the new facility, SalesLink will provide a range of supply chain management services to its customers, while maintaining a sophisticated IT environment. The project is expected to create 29 new jobs by 2006.
"The state of Indiana is proud to welcome SalesLink Corporation to Indianapolis," said Davis, who leads the state's economic development efforts as director of the Indiana Department of Commerce. "We are pleased to help SalesLink open its new facility in our state and bring an expected 29 new jobs to Indianapolis over the next two years. I remain encouraged by our partnership because it promotes our state's cooperation with local economic developers."
"Our new location in Indianapolis is strategically situated to enable us to serve our customers better," said Bryce C. Boothby Jr., president of SalesLink's SCM business. "We are excited to be in Indianapolis and look forward to expanding this location and adding new services and capabilities as our client base grows and diversifies."
SalesLink's experienced customer management team at the Indianapolis facility will handle the procurement of materials, inventory management, product receiving, assembly, packing and shipping. The facility opened in November 2003.
"The City and State have been targeting 21st Century logistics businesses, and it's exciting that one of these businesses has chosen Indianapolis for its new operating facility," Indianapolis Mayor Bart Peterson said.
To ensure the company's location in Indianapolis, the Indiana Department of Commerce and the city of Indianapolis worked together to offer an aggressive incentive package. Commerce is awarding the company funding from its Skills Enhancement Fund and from its Technology Enhancement Certification for Hoosiers Fund, as well as infrastructure assistance through the Industrial Development Grant Fund. Commerce also is offering support through the Hoosier Business Investment tax credit program. In addition, the city of Indianapolis is assisting the company with a five-year tax abatement.
"We are very excited that SalesLink has selected to grow their business in Indianapolis," said Jeb Conrad, executive director for Indianapolis Economic Development with The Indy Partnership. "This is an excellent example of how a key company, state and local leadership, and economic development officials can come together to create jobs and encourage capital investment in our city."
With 15 locations in seven countries, SalesLink's SCM business provides innovative supply chain services and manufacturing support to electronics OEMs and contract manufacturers around the world. The company plans and executes complex solutions with extraordinary precision on a global scale by combining leading-edge technology with a carefully recruited, highly motivated workforce.
Through its unique approach and expertise, SalesLink offers its customers services designed to increase efficiency, decrease costs and improve profits. The company offers a broad range of forward supply chain management and reverse logistics services, including global sourcing, inventory management, forecast optimization and demand planning, returns and exchange management.
Consolidation period covers the whole past two yrs with high at $2.30
Large volume today broke it without any hesitation, followed by a 4 hour consolidation, and ended today at its peak.
Gap up at the openning bell tomorrow likely.
Whether it goes up or not in a couple of days is everybody's guess, but the midterm sketch (1-2 month) is very bull
SAN FRANCISCO, Dec 1 (Reuters) - Singapore's Chartered Semiconductor Manufacturing Ltd. (NasdaqNM:CHRT - News; SES:CSMF.SI - News) on Monday said fourth-quarter results would be better than expected due to growing demand from customers in the communications area.
The improved forecast comes at a time when the chip industry shows signs of recovery from its worst-ever downturn.
Chartered Semiconductor, the world's fourth-largest maker of custom-built microchips, said it expected to report a fourth-quarter net loss of $40 million to $48 million, or a loss of 16 cents to 20 cents per ADS.
On Oct. 23, the state-controlled company had forecast a fourth-quarter net loss of $45 million to $55 million, or a loss of 18 cents to 22 cents per ADS.
Revenue for the current quarter is now expected to rise 28 percent to 31 percent from the third quarter, not 22 percent to 26 percent as previously forecast, Chartered Semiconductor said
Chartered Semiconductor ranks a distant fourth behind Taiwan Semiconductor Manufacturing Co Ltd.(Taiwan:2330.TW - News), United Microelectronics Corp. (Taiwan:2303.TW - News), and International Business Machines Corp. (NYSE:IBM - News) in the market for custom-built chips.
no, that's NOT true. Both SINA and SOHU have been down almost daily for two weeks. Now it is their turn to go up for TWO WEEKS!
Say, to 42?
Quater: 0.47 vs -0.03
This Quater 1.16 vs
Good factors for AMD:
1)Jan- Mar is the worst
quater of a year.
3)New products are coming faster than its
4)German plant is going to go production.
market share it has currently.
AMD is to earn the same for all three coming quaters
(since this past quater is traditionally the weakest
quater of a year).
AMD grows its business in a rate similar
to Intel as each of coming three demanding-strong
quaters. I put $0.05 as quaters get
$1.16+1.21+1.26+1.30 = $4.94
efficiency improves give it another $0.05 bump, now the
annual earning is to be:
It gains market share of the chip market of, say, 5%
(easily, right?). It earning will increase at least
A semicond company command at least 20 PE and could
be as high as 100.
For 20 PE:
For 40 PE
My conclusion is that AMD price target ranges from
$100 to $260 (and I think this is conservative).
eats market share of, say, 5% from Intel which gives
Just at a time when you see NITE's curve passed a bottom and is turning upwards and you think it is late to get in, well, it has NOT started yet!
Look at CORL, INPR, RHAT, ...
Since their April's average
tradings are almost twice as many as that of the 1st Qtr,
I estimate that the second quater earning could be
at least $1.00 or $.50 after split. At this moment,
the consensus is only $0.30.
phenomenon happened to VISX, AMAT, DELL, LU. Now it is our