Monday, November 06, 2006

 

Sector Spotlight: Hardware

One day before the elections and the market is ripping higher. I suspect, due to the bullish environment we are in, any election result will be good enough to jack the market up-- a little more.

My whole screen is flashing green, with absurd gains in XMSR, COGO and RACK-- just to name a few. Also, my favorite lotto ticket MVIS is jalapeno hot.

Bottom line: Barring the second coming of Stalin being elected, the market is going to trade up. Also, I feel the micro-caps are the way to go.

As for Hardware stocks:

XMSR posted better-than-expected results and is gapping higher (14%). However, hardware, spearheaded by the fuckers at DELL, has been a boring sector. A money pit. Back in the 90's, Hardware was the place to be. Now, it has been reduced to a low margin see-saw battle of who can steal market share the fastest. Naturally, there are exceptions, like AAPL. But, for the most part, the glory days of IBM-DELL-GTW are nothing more than a memory.

NOTE: Please take the new "Fly Survey." Who will be better for the stock market? Dems or Repubs.

The following Hardware stocks have mojo:

XMSR +14%
COGO +12%
MVIS +8.3%
SIRI +5.9%
RACK +5.4%
CREAF +5.1%

Comments:
Broker - Congrats on your MVIS pick!!

What's your MVIS target over what timeframe?

Thanks,
Bike
 
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