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Tessera Technologies Inc. Message Board

momentum74 6 posts  |  Last Activity: Jul 3, 2014 1:01 PM Member since: Feb 28, 2008
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  • This is a bullish chart pattern. I am expecting further upside in the stock as the earnings date approaches in late July or early August.

    From Investopedia
    Definition of 'Cup and Handle'

    A pattern on bar charts resembling a cup with a handle. The cup is in the shape of a "U" and the handle has a slight downward drift. The right-hand side of the pattern has low trading volume. It can be as short as seven weeks and as long as 65 weeks.

    As the stock comes up to test the old highs, the stock will incur selling pressure by the people who bought at or near the old high. This selling pressure will make the stock price trade sideways with a tendency towards a downtrend for four days to four weeks... then it takes off. Below is an example of a cup and handle chart pattern

    Long GIMO for a swing trade.

    Sentiment: Strong Buy

  • Reconstitution additions

    As of June 27, 2014

    These are the preliminary additions and deletions for the Russell Global, Russell 3000® and Russell Microcap® Indexes.

    Please refer to the reconstitution schedule for details on the next scheduled release

    RUSSELL GLOBAL


    RUSSELL 3000


    RUSSELL MICROCAP

    FIRST WEST VIRGINIA BANC FWV Financial Services
    FIVE9 INC FIVN Technology
    FORCEFIELD ENERGY FNRG Energy
    FOREST OIL CORP FST Energy
    FREDS INC FRED Consumer Discretionary
    FTD COMPANIES INC FTD Consumer Discretionary
    GENVEC INC GNVC Health Care
    GIGAMON INC GIMO Technology
    (Full list is on the Russell site.)

    As GIMO's market cap grows it will be added to more index funds. Bullish.

    Sentiment: Strong Buy

  • momentum74 momentum74 Jun 24, 2014 8:37 AM Flag

    Correction. I am long GIMO for a swing trade not Antione Gara . I pasted my stock position below his name on accident. I wanted my stock position to be posted above the article, sorry about that if I confused anyone.

    Sentiment: Strong Buy

  • momentum74 momentum74 Jun 24, 2014 8:24 AM Flag

    Rest of the article pasted. "There has been a wave of service provider (carriers, multi-service operators (MSOs), Internet service providers (ISPs)) consolidation and there has been media speculation that this consolidation will continue. We believe the resulting rationalization of vendors at these consolidating service providers as well as a smaller absolute number of service provider customers to sell into could cause a corresponding consolidation in service provider vendors," Goldman concluded.

    Silver Spring Network shares have shed over 30% year-to-date, while Adtran and Calix have both fallen over 15% in 2014. Ciena has fallen nearly 8% year-to-date, while Infinera has fallen nearly 5%. Only Juniper Networks has risen in 2014, posting an over 8% rise.

    Goldman believes the outperformance of large-cap communication tech firms relative to smaller and mid-size competitors could increase the possibility of consolidation, as M&A becomes less costly and possibly more accretive to earnings.

    -- Written by Antoine Gara in New York.

    Sentiment: Strong Buy

  • BY Antoine Gara | 06/23/14 - 11:24 AM EDT
    Long GIMO for a swing trade.

    Updated from 10:35 a.m ET to include stock prices, added commentary.

    NEW YORK (TheStreet) -- The consolidation of the telecom sector may be nearly complete as investors await a long-speculated merger of Sprint (S_) and T-Mobile (TMUS_), but analysts at Goldman Sachs believe there could be a brewing wave of deal-making among companies that supply equipment to the telecom and cable industries.

    Regulatory Risks in Sprint and T-Mobile Deal Outweigh Stretched Finances

    A team of Goldman communications technology analysts led by Simona Jankowski said on Monday they have raised their ranking that Adtran (ADTN_), Calix (CALX_), Ciena (CIEN_), Infinera (INFN_), Juniper Networks (JNPR_) and Silver Springs Networks (SSNI_) could each be the target of consolidation, as telecom and cable equipment suppliers seek scale and revenue growth to meet a recovering economy.

    Those firms now join BlackBerry (BBRY_), BroadSoft (BSFT_), Gigamon (GIMO_), Infoblox and Ruckus Wireless (RKUS_) as the most-likely M&A targets in the communications technology space, according to Goldman's rankings.

    Goldman updated what it calls the "M&A rankings" report across the communications technology sector because it believes recent consolidation, for instance Comcast's (CMCSA_) proposed takeover of Time Warner Cable (TWC_), AT&T's (T_) offer for DirecTV (DTV_) and Sprint's possible merger with T-Mobile, could pressure vendors to also seek added scale. Meanwhile, management teams are refocusing on top-line growth either through organic investment or M&A amid a recovering economy.

    In its report, Goldman also cited a favorable investor reaction to M&A, the tax-efficient use of overseas cash and more attractive overall market valuations as factors that could drive M&A in the telecom equipment space. Article Continued

    Sentiment: Strong Buy

  • Based on the recent investors conferences which can be found on GIMO's website, guidance should be strong when earnings are announced imo. Stock is well above the 50 day moving average now heading towards the 60 day . It will be exciting once we can close above $20.00 dollars a share and start working on the upside gapfill at 26.00 . Long GIMO for a swing trade.

    Sentiment: Strong Buy

TSRA
28.37+0.25(+0.89%)Sep 16 3:59 PMEDT

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