May be Bruno is leaving (I hope so).
Since Jan1 2014 see has 216 sales.
At an average price of $12.44
Or less Bruno has a very big tax bill.
Bruno doesn't seem to be expecting KLIC stock price to go to $17.
Heard 150 people notified with more to come.
Funny about two years into a massive delayering and reorg the layoffs should have ended by now with the company lifting off the runway and climbing higher and higher. Why hasn't that happened yet?
Oh, because its still stuck at the jetway offloading the navigator and crew.
I agree if only because everyone was trading CRUS like it was about to go out of business instead of being a critical an innovative supplier to the largest company in the world and the largest company in the history of the world---wonder who that might be?
Hopefully building a rock steady, firm foundation that when J. Rhodes announces earnings results will become the launching pad for a higher move (doesn't have to be explosive, just continuing the trend.)
Heard that today (Tues., March 25, 2014) Davdi Zolet, Executive Vice President & General Manager, North American Public Sector is going to make a company-wide announcement.
Major contract win / loss?
Not a CSC takeover, M. Lawrie would make that announcement.
CSC has $2.2 billion in cash and $2.8 billion in debt it can't buy anything.
Seems to me that AVGO also has a dependence on Apple. The increase in the price target for AVGO was really a modest change. Why CRUS is and remains a cellar dweller is mysterious.
But like every company that gets to walk through purgatory, CRUS will emerge, singed but intact. Then everyone, for some inexplicable reason, will love CRUS and up we'll go.
MACD crossover indicates short-term top.
Shows alpha at +31.70 but this is below the group average of +33.21 and CSC is in 19 of 38th place. When it was at $64, alpha was much higher and CSC was higher in the ranks, so now falling. Also NASDAQ Stock Consultant is 75% BEARISH with NO BULLISH indicators. Closest resistance is at $62.16 then $63.37.
Which CSC at 100% BUY as the stock price moved higher has now contracted to a 24% BUY
March 14 edition has CSC ranked 1 (Highest) for Timeliness (probably reflecting the recent stock price run up), but otherwise has it ranked 3 (Average) for Safety and Technical. It also shows only a 10% appreciation remaining until CSC would reach Value Line's 3 TO 5 YEAR TARGET PRICE (got there kind of early, don't ya think?).
Well, I guess AEHR is not going to $3.06 or above today or anytime soon.
Looks like anyone and everyone who had a profit or had minimized his / her loss bailed today.
The stock price to get above and close above $3.06.
Since I went back and checked the historical stock prices, it looks like the stock price moves no more than about $0.10. With no reversals this would suggest that AEHR is at least two trading days away from breaching that mark (that is without any reversals).
This is all hyperbole, but the $3.06 resistance price is real. If there is any news that propels it upward, $3.06 is the price to get past.
At this point with Bruno more intent on plundering the company instead of growing the company, perhaps the only recourse is to hope that they put it up for sale or that a competitor launches a takeover.
Otherwise, the economy is going to have to kick in with pretty healthy growth to raise the KLIC ship.
Just be prepared to accept a "reasonable" offer, which I would say has to be $15 or higher. I have waited too long for KLIC to appreciate to exit with a lame return.
KLIC isn't Dell and there is no reason for the shareholders to accept getting screwed due to KLIC's management incompetence.
According to Insider Cow:
Bruno Guilmart, CEO has on, 208 occasions, from April 5, 2011 to January 13, 2014 SOLD (and ONLY SOLD) 356,700 shares netting $4.19 millions at an average price of $11.76 per share.
As an investor in KLIC, do you think YOU are getting your money's worth out of KLIC?
How do we SELL Bruno?
I saw where some analyst upped his target price from $70 to $75. That may explain the recent uptick int he stock price. However, it did not even reach the $65 price cited in a Barron's article earlier this year before it began to settled back down.
In February 1998, Computer Associates (Ticker symbol: CA) made a offer of $108 a share. Also in 2006, Lockheed Martin and three private equity companies were supposedly ready to offer $64 to $65 for CSC. Possibly to counter EDS's offer of $60. And because then CEO Honeycutt wanted at least $65.
So I think everyone who held CSC stock through that period saw the $63 to $64 recent price as their "last chance" to realize a profit, especially if they had continued to acquire the stock when in 2008 it was at $28.
Now the bubble has burst, yet again.
With the coming downsizing in defense and the continuing lumbering along of the multi-year, slow growth economies in the U. S., Europe, and now Asia, CSC is facing an ever increasingly competitive environment in the midst of its on-going (perhaps never ending) restructuring.
Selling at $60 to $64 instead of waiting yet again for $70, $75, $80, $85 was probably the best thing CSC employees and retirees have ever done to realize a return on their CSC investment.
CSC might get back to or even pass $65 or $70, but probably not before it revisits $50 or $45 or $40.
I cite objective, analytical, empirical, big data-driven, and immensely credible sources and I get a "thumbs down." What does that say about the thumber?
Barron's article target $65.
At $63 (within 3.5% of the target) past resistance of $62.49, decelerating to stall speed..
Value Line 3 to 5 year target price $45 to $70 (12% of top price).
Morningstar Fair Value (FV) $52, Consider Selling (CS) $80.60.
NASDAQ Stock Consultant, breakout above $61, stock as EXTREME OVERBOUGHT, Trade Downside Potential at 85% V. Good, in EXTREME RALLY, Money Flow as EXTREME BULLISH. Operative repeated word is EXTREME.
Intuit Quicken Sock Evaluator Intrinsic Value (IV) $85.10, but FAILING in 5 of 7 categories.
GuruFocus Fair Value $91.16, but Shiller P/E 314, Ben Graham value $25, Peter Lynch Fair Value $48.
Barron's Stockgrader score 48.2 - SELL with grades:
Growth: B- with
Growth Potential: F
Market Growth Short Term: D
Market Growth Long Term: F
Cash Flow: A-
You don't build a market with 24% "interested." I have been "interested" in many things, but "bought" few. Converting interest into sales and profit is precisely the hard part. People need a compelling reason to plop down $1,800 for Google Goggles. And there isn't one. Only geeks will buy and there isn't enough of them to create a market.
Glad I sold. It was flying too high for me as indicated by P / E and the like. Old-fashioned, out-of-vogue indicators that prove themselves time and again.
Plus proof positive that the pumpers ALWAYS know absolutely NOTHING MORE THAN ANYONE ELSE!
But same is true for the BASHERS.
All you can ever do is sit and wait 13 weeks until the next earnings report issued by the official source--the company.
Investing = patience (which is in extremely short supply as traders try to turn a market into a casino).
By the way, I think EXTR's long-term prospects are GOOD. The partnership with Lenovo will pay dividends. Might want to wait a day or two for all the panic selling to play out (or may be not).
Still would use P/E and PEG and P / B as guides.
I think it is that they just turn a deaf ear to all the pumper / dumpers and look at the numbers.
What the number show is that CRUS is undervalued.
Neither CRUS nor AAPL are going out of business.
I think they also look at management and again CRUS and AAPL management are rock solid.
It was reported that last year Apple quietly bought a half a billion dollars worth of companies.
Do I own CRUS because of an Apple buyout?
No and I don't care if it happens or not.
CRUS is a great company and that will eventually shine forth.