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Wed: Buys AMCC IMGN NANX OVTI SLB Sells QQQ YHOO

 
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arthur
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PostPosted: Tue Oct 12, 2004 3:54 pm    Post subject: Wed: Buys AMCC IMGN NANX OVTI SLB Sells QQQ YHOO Reply with quote
Wed: Top Buys AMCC IMGN NANX OVTI SLB Top Sells QQQ

It may be best to stay heavy in cash until there's another excellent earnings opportunity. However, AMCC is up only 0.05 to 3.29 in afterhours and may bounce higher. IMGN closed just above 5 1/2 and may be an excellent long-term buy. NANX just above 5 1/4 may be another excellent buy. OVTI is fundamentally undervalued. SLB (oil stock) fell from about 70 to 66 1/2 over past few days and may be a buy. The market may continue to be volatile in Oct and QQQ puts may be a buy at over 36. YHOO Nov puts may be a buy at 35 1/2.
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