Wednesday, April 18, 2007

IOM - Iomega Corp


Iomega Corporation is a global leader in data storage and protection. They will release earnings next week on April 26.

The company is expected to grow earnings in 2006 to 0.05c, in 2007 to 0.25c and in 2008 to 0.34c. Iomega gets back on track with the lounge of a couple of new products.

Technically, the stock trades both above the 50 and 200 MA. TSV is clearly trading up on a weekly chart. There is resistance at the $4 level.

I plan to buy half my intended position on an initial breakout above $4, and the other half if the stock pulls back close to the breakout price.

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Friday, October 13, 2006

GILT - Gilat Satellite Network



One to put on the Radar Screen. This stock comes from a High of 3630 (!!!) on Feb 18, 2000 and has been building a solid base between 4 to 10 over 4 years. A Breakout and continuation of this years impressive move looks possible.



As you can see on this daily chart, wait for better entry levels. Also, check out BRCD and KVHI which are in the same sector and have very similar chart patterns.

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