StockTRUM

From valueinvest2001 on the Yahoo- ATHR board link>. I am building a portfolio of long term growth stocks base on tips from people across message boards, and this is what I have so far, please contact me if you have a compelling investment. Thank you. AUO: AU Optronics Corp. is a manufacturer of large-size TFT-LCD panels. Revenue growth of 124%, earnings up 382%, 2004 projected EPS at $2.84, current quarter earned 91 cents (10 cents above estimate), forward P/E of 4, selling at $11.42 OVTI: OmniVision Technologies designs, develops and markets semiconductor imaging devices for computing, communications, and consumer electronics. Trading at 8 times forward earnings. Revenue growth of 209%, EPS growth of 211%, priced at $10.06 VNBC: VNBC is the holding company of Vineyard Bank, a commercial bank operates in the state of California. Revenue growth of 78%, 4 million float, recent dividend raise, and 2-for-1 stock split announced. Trading at $47.72 PHI: Philippine Long Distance Telephone...

New 52-Week Lows : With the market down today, the new 52-week low list is long. It is led by tech stocks, notably Semis and Semi Equipment... Semis (AMCC, AMIS, ATHR, CNXT, INTC, KOPN, NETL, NVDA, RFMD, SGTL, TQNT, VTSS, ZRAN), Semi Equip (AMAT, BRKS, CYMI, LTXX, NVLS, UTEK), Airlines (AWA, CAL, FRNT, PNCL, SKYW), Online Commerce (DSCM, FLWS, ORBZ, REDE), Brokers (MER, PJC), Fuel Cells (BLDP, MCEL), Telecom (NOK, T, WFII), Storage/Networking (BRCD, CIEN, CORV, ELX, SCMR).

Spatialight, Inc.: Rodman comments on impact of LG Electronics deal (HDTV) 5.18 -0.46: Rodman and Renshaw comments on HDTV's 3-year agreement with LG Electronics (L.E.G.). Firm believes the contract not only represents material upside to their prior model, but also validates the co's technology, which in turn should help mgmt close additional contracts, and as such are raising their 2005 est. Firm believes that the L.E.G. business could generate $60 mln in 2005 sales, on total shipments of 161K chip sets. On the China front firm expects the China business to be weighted toward the New Year there in Feb 2005, and are shifting out their expectations into 2005. For 2005, Rodman is raising revs est to $92 mln from $59 mln and raising EPS to $0.19 from $0.04. After the news, the stock actually went down, hitting 6 yesterday. I believe the view is this changes nothing until 2005, so why move now. LGE news was out previously, w.r.t the joint work.

7/22: FLIR Systems beats handily; raises full year guidance (FLIR) 55.34: Reports Q2 (Jun) earnings of $0.50 per share, $0.11 better than the Reuters Estimates consensus of $0.39; revenues rose 58.7% year/year to $119.3 mln vs the $111 mln consensus. Co raises full year guidance as follows: revs and EPS now seen at $470-$480 mln and $1.88-$1.98, up from prior guidance of $425-$435 mln and $1.55-$1.60. Consensus is $447.5 mln and $1.63. Erlanger Squeeze Alert #162, July 19, 2004 In our situational portfolio for this week, we are initiating a long position in Flir Systems (FLIR - $55.91.) They will be holding their earnings call on Thursday before the open and it is a Type 1, Short Squeeze. Flir Systems designs, manufactures and market infrared and thermal imaging products to the commercial, industrial and government markets. Recently, Flir purchased Indigo Systems who produced infrared detectors, cameras and camera subsystems. The Erlanger Short Intensity Level for is 78% and sports an...

This stock has suffered a slowdown in growth. Should be a good entry as the Xmas season approaches. Guidance flat to slightly higher. Leapfrog beats by $0.03, guides Y04 in line (LF) 18.55 -0.23: Reports Q2 (Jun) net loss of $0.12 per share, $0.03 better than the Reuters Estimates consensus of ($0.15); revenues rose 18.8% year/year to $80.8 mln vs the $75.2 mln consensus. Company issues in-line guidance for Y04 (Dec), sees EPS of $1.18-1.28, vs. Reuters Estimates consensus of $1.19, and revenues of $770-800 mln, vs consensus of $779.7 mln. Need to add chart analysis.

Skyworks beats by $0.03; guides SepQ revs above consensus (SWKS) 6.98 -0.51: Reports Q3 (Jun) earnings of $0.10 per share, ex-items, $0.03 better than the Reuters Estimates consensus of $0.07; revenues rose 38.1% year/year to $207.4 mln vs the $194.3 mln consensus. Co expects Q4 (Sep) revs of approx $218 mln vs consensus of $204 mln SiRF Technology beats by $0.03 ex-items (SIRF) 9.03 -1.91: -- Update -- Reports Q2 (Jun) earnings of $0.15 per share, ex-items, $0.03 better than the Reuters Estimates consensus of $0.12; revenues rose 122% year/year to $30.5 mln vs the $25.8 mln consensus. Sierra Wireless beats by $0.06, beats on revs; guides above Q3 consensus (SWIR) 30.50 -1.53: Reports Q2 (Jun) earnings of $0.23 per share, $0.06 better than the Reuters Estimates consensus of $0.17; revenues rose 149.3% year/year to $51.6 mln vs the $50.2 mln consensus. Co sees Q3 (Sep) EPS of $0.24 and revs of $57 mln, Reuters consensus is $0.20 and $54 mln, respectively.

PSRC looks intriguing here. They have had consistently positive results, that have solidified the chart, with the 16 area being a firm bottom. Potential upside? Forward estimates are $0.68 and 84M in revenue for 2004, and $1.53 and 100M in rev for 2005. Secondary offering boosts their cash level to $88M, with a 12M share base, for $7 cash. That gives me a target of 20X earnings + cash or $21. 20% upside. Funny. PnF also gives a target of $21.25. Market closed at 17 today. Here's the chart> PSRC chart PSRC chart

I'm just beginning a new effort with my Stock Trading by using this Blog. I've seen success in my trading from time to time, and failure.  I've typically learned from my mistakes and been more patient.  A good example of this was my recent trade of Sandisk, SNDK.  I entered a position in May 2004 at about $24.  It and the market has fallen down since then, and SNDK was at under $20, as earnings approached.  By waiting and not making any rash moves, I am now sitting on a profit as it closed at $25 today, July 20th. My primary purpose of the Blog is to collect trading ideas and maintain them, almost like sticky note reminders of opportunities that might just be waiting for a better entry. That's about it for the introduction.