Sanmina-Sci Corp (SANM)

[Zorro]

Just needs a little push. How many times you see these beaten down stocks start to uptrend and then get a nice PR that sets off a nice run? Seems to be SOP almost.

[AugustaFriends]

SANM If it can break .32 and close above it sometime this week it will be the first close above the 50DMA in a long time see chart

http://stockcharts.com/h-sc/ui?s=SANM&p=D&yr=0&mn=4&dy=0&id=p75115413753

[Zorro]

Yup. Been watching it today. Wants to go higher. Wouldn't be surprised to see news here. CMF going pos after a massive downturn.

[AugustaFriends]

SANM got 21000 shares today see the volume at the close..

SANM - see here - all buys last 5 minutes - a 258,000 share buy at the close.

http://ih.advfn.com/p.php?pid=trades&cb=1237842535&symbol=N%5ESANM

[Zorro]

Something up here. Love the 300 @.24. LOL.

[AugustaFriends]

SANM - see here - all buys last 5 minutes - a 258,000 share buy at the close.

http://ih.advfn.com/p.php?pid=trades&cb=1237842535&symbol=N%5ESANM

[JDUB]

Picked up a little here today for the short term. Good luck all.

[t_b1209]

There from updates I read off my etrade. I interpretted it as good for the company. Was just hoping others saw it that way .

[zino]

is it current mangmnt thats their dealing with....and the co. gets 12 million after lawyer fee...can u clarify

[t_b1209]

http://sec.edgar-online.com/sanmina-sci-corp/10-q-quarterly-report/2007/05/04/Section15.aspx

[t_b1209]

The last SANM insider buy occurred when SAPP A EUGENE JR purchased a total of 250,000 shares on February 25, 2009. In the last year insiders have purchased 725,740 shares.

The terms of the proposed settlement are described in a Stipulation of Settlement dated February 26, 2009, which the Company will file with the Securities and Exchange Commission on or before March 6, 2009

Must be a good settlement ? Roll the dice - im in.

[t_b1209]

The terms of the Settlement set forth in the Stipulation include: (i) a direct financial benefit to Sanmina of over $16.5 million, consisting of the repricing and cancelation of certain defendants' stock options and cash payments to Sanmina; (ii) the adoption and/or implementation of a variety of corporate governance measures, including enhanced stock option granting and compliance procedures that relate to and address many of the underlying issues in the Actions; and (iii) Sanmina's payment of Plaintiffs' Counsel's attorney fees and expenses in the amount of $4 million.

[greggor62]

me too. I like the trading action as of late.
gltu

[DFLY]

yah strange one here lately..will look back into this again..last bottom bounce over 100% was nice look for round 2 i guess.)RS dunno but they have to make somethin hap to get pps back over a bucker. Watchin close.

[mlkrborn]

$0.37.. listed among greens but nothing newsworthy it seems.. any R/S possibility? Why it rose recently and declined again? was it solar energy related thing?
tia

[torywhite2002]

Company's in a good cash position

[torywhite2002]

SANM will follow other Nasdaq stocks that have been beaten down (RFMD, LEE, etc)

[Magnusson]

Good night everyone

[yarddog]

Well I am all in waiting for the big run. I am already ahead of the game. Just about the only stock that i have that is. Good luck to all. I am getting tired of sending messages to my self. BYE BYE

[yarddog]

Yes I think it is a good company as well. I bought all the down to .28 but my average is somewhat higher. I am clearly in the green now by over 20 percent. I do hope it will come back to life ahead of the game. Good luck to you and everyone in this stock.

[yarddog]

I think it is just the shakey Markets. I have bought in the last two day more than I thought I would. I beleive it is a good to great company and will pay off in the end.

[DFLY]

52 week lows .30 wow didnt watch this for a few weeks and was amazed at pps..any clue as to why? besides the obvious shaky markets as a whole not helpin at all.

[yarddog]

I see no one posts here anymore but I am felling something good is coming for this stock. I have been buying.

Anyone else?

[mlkrborn]

remarkable reversal after the CC. GLLs

[OptionMonster]

Sanmina-SCI Reaffirms First Quarter Fiscal 2008 Guidance
SAN JOSE, Calif., Jan. 14 /PRNewswire-FirstCall/ -- Sanmina-SCI Corporation ('the Company') (Nasdaq: SANM), a leading global electronics manufacturing services (EMS) company today announced first quarter fiscal 2008 revenue of $2.53 billion, inline with previously provided guidance of between $2.5 to $2.65 billion. Non-GAAP diluted earnings per share is expected to meet or exceed Wall Street consensus of $0.03. Cash flow generated during the quarter is expected to exceed $100 million.

The Company is currently finalizing its financial closing for the first quarter ended December 29, 2007 and will release full financial results on January 23, 2008. A conference call regarding these results will be held at 5:00 PM ET (2:00 PM PT) on January 23, 2008. The conference call will be broadcast via the Internet and is accessible by logging on to the Sanmina-SCI website at www.sanmina-sci.com.

About Sanmina-SCI

Sanmina-SCI Corporation (Nasdaq: SANM) is a leading electronics contract manufacturer serving the fastest-growing segments of the global electronics manufacturing services (EMS) market. Recognized as a technology leader, Sanmina-SCI provides end-to-end manufacturing solutions, delivering superior quality and support to large OEMs primarily in the communications, defense and aerospace, industrial and medical instrumentation, computer technology and multimedia sectors. Sanmina-SCI has facilities strategically located in key regions throughout the world. Information about Sanmina-SCI is available at http://www.sanmina-sci.com.

Sanmina-SCI Safe Harbor Statement

The foregoing, including the discussion regarding the Company's future prospects, contains certain forward-looking statements that involve risks and uncertainties, including uncertainties associated with economic conditions in the electronics industry, particularly in the principal industry sectors served by the Company, changes in customer requirements and in the volume of sales to principal customers, the ability of Sanmina-SCI to effectively assimilate acquired businesses and achieve the anticipated benefits of its acquisitions, and competition and technological change. The Company's actual results of operations may differ significantly from those contemplated by such forward-looking statements as a result of these and other factors, including factors set forth in the Company's fiscal year 2007 Annual Report on Form 10-K filed on November 28, 2007 and the other reports, including quarterly reports on Form 10-Q and current reports on Form 8-K, that the Company files with the Securities Exchange Commission.

SANMF

SOURCE Sanmina-SCI Corporation



Source: PR Newswire (January 14, 2008 - 8:04 AM EST)

News by QuoteMedia
www.quotemedia.com

[PowerPole]

I'd like to wish EVERYONE...

A HEALTHY, SAFE, AND PROSPEROUS~~~HAPPY NEW YEAR! ;^))

Did someone say Fireworks? http://www.maylin.net/fireworks.html

[mugur]

PP,i forgot about this one.I played it and forgot it!
Let me introduce you to my new play:SAI
Virgin stock,one day old,just had it's IPO Friday.
Check the new boaard http://www.investorshub.com/boards/board.asp?board_id=7176

[PowerPole]

Sanmina-SCI's Special Board Committee Announces Findings of Stock Option Investigation...

MORE BAD NEWS FOR SANMINA!

SAN JOSE, Calif., Oct. 12 /PRNewswire-FirstCall/ -- Sanmina-SCI Corporation (Nasdaq: SANM) today announced that the Special Committee of its Board of Directors reported its findings after an investigation into the Company's stock option administration policies and practices dating back to January 1, 1997. The Special Committee, comprised of disinterested, non-management members of the Board, retained independent counsel and forensic accountants to assist it in conducting the investigation. In the course of its four-month investigation, the investigation team examined over one million electronic documents and over 350,000 pages of hardcopy documents, and conducted more than 40 interviews with current and former employees, directors and advisors.

The Special Committee found that most stock option grants to executives and other employees between 1997 and 2006 were not correctly dated or accounted for and will require that the Company restate its historical financial results and record non-cash compensation charges.

The investigation identified concerns in particular regarding the actions of a former and a current member of management involved in the authorization, recording and reporting of stock option grants. The Company has accepted the resignation of the current member of management. The Board of Directors and Special Committee have responded and continue to respond to these issues and are taking appropriate action, the details of which will be disclosed to the appropriate regulatory authorities.

The Special Committee also made recommendations to the Board of Directors regarding remediation of weaknesses in the Company's internal controls over its stock administration practices which led to the issues identified, including, among other controls, the following:

*Establishing fixed dates for the granting of all equity-based awards;
*Precluding officers, and certain other identified executives, from
receiving equity-based awards during any black-out periods;
*Requiring auditable, verifiable evidence of the date of approval for
routine new hire, promotion and certain discretionary grants;
*Mandating approval of the Compensation Committee prior to issuance of all
other grants.

Each of the recommendations was voted on by the Board of Directors and unanimously adopted. The recommendations are effective immediately.

Commenting on the situation, Sanmina-SCI's Chief Executive Officer, Jure Sola, stated, 'I am pleased with the thoroughness of the Special Committee's investigation and the recommendations they have made to remediate, and help us insure that this never happens again. I regret that our stock options program was not properly administered in the past and I apologize to our stockholders, employees, and customers for any impact or concerns these issues may have caused. With this investigation now behind us, we expect to refocus our management's attention on servicing the needs of our customers and improving our operating efficiencies.'

As previously disclosed, the Company's management has determined, and the audit committee of the Company's Board of Directors concurred, restatement of the Company's historical financial statements will be necessary because the Company will need to record additional stock-based compensation expenses as a result of the findings of the Special Committee. The Company believes that substantially all of these charges will be of a non-cash nature. The Company has, in consultation with its independent auditors, submitted the proposed accounting treatment for the charges to the Office of the Chief Accountant ('OCA') of the Securities and Exchange Commission ('SEC'). Because of the pending OCA review, the Company has not yet determined conclusively the amount of such charges, the resulting tax impact, or which periods may require restatement. The Company expects to file its restated financial statements as soon as reasonably practicable after the OCA responds to the Company's submission. In addition, the Company's management has met with the Listings Qualification Panel of the Nasdaq Stock Market regarding the Company's plan for completing its late SEC filings and returning to compliance with the listing qualification requirements of the Nasdaq Stock Market. The Listings Qualification Panel has not yet ruled on the Company's request.

The Company continues to cooperate with the SEC and the United States Attorney's Office for the Northern District of California in response to the SEC's informal inquiry and the United States Attorney's Office's grand jury subpoena for documents relating to the Company's past practices for granting employee stock options.

Safe Harbor Statement

The foregoing, including the discussion regarding the Company's future prospects, contains certain forward-looking statements that involve risks and uncertainties, including uncertainties associated with economic conditions in the electronics industry, particularly in the principal industry sectors served by the Company, changes in customer requirements and in the volume of sales to principal customers, the ability of Sanmina-SCI to effectively assimilate acquired businesses and achieve the anticipated benefits of its acquisitions, and competition and technological change. The Company is also unable to predict the outcome of any SEC inquiry or any lawsuit or other proceeding related to the Company's historical stock option administration policies and practices and any potential resulting impact on the Company's financial statements or results. The Company's actual results of operations may differ significantly from those contemplated by such forward-looking statements as a result of these and other factors, including factors set forth in the Company's fiscal year 2005 Annual Report on Form 10-K filed on December 29, 2005 and the other reports, including quarterly reports on Form 10-Q and current reports on Form 8-K, that the Company files with the Securities Exchange Commission.

About Sanmina-SCI

Sanmina-SCI Corporation is a leading electronics contract manufacturer serving the fastest-growing segments of the global electronics manufacturing services (EMS) market. Recognized as a technology leader, Sanmina-SCI provides end-to-end manufacturing solutions, delivering superior quality and support to large OEMs primarily in the communications, defense and aerospace, industrial and medical instrumentation, computer technology and multimedia and consumer sectors. Sanmina-SCI has facilities strategically located in key regions throughout the world. Information about Sanmina-SCI is available at www.sanmina-sci.com

SOURCE Sanmina-SCI Corporation

Source: PR Newswire (October 12, 2006 - 7:02 AM EST)

News by QuoteMedia
www.quotemedia.com

[mugur]

Looks like $5 will be surpassed by the last Friday in July,which is Expiration Friday,for all those 30k plus outstanding option calls.

[mugur]

One good news after another. /e

[mugur]

The President of Mexico, Vicente Fox Quesada, was present today at Sanmina-SCI's inauguration ceremony.

Not bad news.Chech the Ibox for the full length news.
I guess tomorrow i will sell my calls.

[mugur]

Looks like news coming today,or Monday,the way it closed EOD./e

[mugur]

This might stop the fall...for a day.../eom

[PowerPole]

Sanmina-SCI Corporation to Present at Cowen & Co. 34th Annual Technology Conference

Last Update: 6:00 PM ET May 30, 2006

http://tinyurl.com/p78dy

SAN JOSE, Calif., May 30, 2006 /PRNewswire-FirstCall via COMTEX/ -- Sanmina-SCI Corporation (SANM), a leading global electronics manufacturing services (EMS) company, will be presenting at the Cowen & Co. 34th Annual Technology Conference on Thursday, June 1, 2006 at 4:15 p.m. EDT.

When: Thursday, June 1, 2006 @ 4:15 p.m. EDT

Web Link: www.sanmina-sci.com

Contact: Sanmina-SCI's Investor Relations - 408-964-3610

About Sanmina-SCI:

Sanmina-SCI Corporation is a leading electronics contract manufacturer serving the fastest-growing segments of the global electronics manufacturing services (EMS) market. Recognized as a technology leader, Sanmina-SCI provides end-to-end manufacturing solutions, delivering unsurpassed quality and support to OEMs primarily in the communications, defense and aerospace, industrial and medical instrumentation, computer technology, and multimedia sectors. Sanmina-SCI has facilities strategically located in key regions throughout the world. More information regarding the company is available at www.sanmina-sci.com.

SOURCE Sanmina-SCI Corporation
Paige Bombino, Investor Relations of Sanmina-SCI Corporation, [phone] http://www.prnewswire.com Copyright (C) 2006 PR Newswire. All rights reserved. ********************************************************************** As of Friday, 05-26-2006 23:59, the latest Comtex SmarTrend(SM) Alert, an automated pattern recognition system, indicated a DOWNTREND on 05-22-2006 for SANM @ $4.85. (C) 2006 Comtex News Network, Inc. All rights reserved.

[mugur]

Well,i did say it is going to fill the gap at $4,but my timing was not so good,haha.

Check out the latest news in the Ibox.I shoud have hold the Jul 5 put longer.I am still watching it,and if i believe something is cooking around $4 i will let you know.
Nice to have you on board,PowerPole!

[PowerPole]

It looks like we were both Wrong about SANM...

As it heads the Wrong Way!...lol

Now it's looking like it'll probably go all the way down to around 4.00 to completely fill that gap...

What a shame...I've lost interest in SANM as of today...It was just a 'one time wonder'...

It was a good call to see that it had a lot of upside when I first noticed it two days after it's inital move up, and I hope you and others banked some good profits...I'm just glad I got out the day it hit it's top at 5.85!

As far as I'm concerned at this point, the chart has turned very bearish today and I'm not sure it will make another strong move to the upside any time in the near future...

I'll keep one eye on it though, just in case something really interesting happens, and will let all know if it does...

Good Luck To ALL ;^))

[mugur]

Yes,it looks like you called it right.I think also that it will go over $5 next week.Looks like a base here.
Lookig at the options there is a huge amount of call options for JULY $5.That means a LOT of people think this would be at $5 or better on the last Friday in July.

[PowerPole]

SANM had a Good Day today...

It set it's second low on the daily chart yesterday...

On the weekly chart, it formed a doji this week...

I'll do a detailed chart analysis sometime during this three day weekend...

The Dow, Nasdaq, and YHOO closed at the...

Highs of the day today...There was no late day selloff today...

That bodes well from the Market when it opens again Tuesday!

My call of "THE Bottom" on Wednesday appears to have been right on the money ;^))

Have a Great! Memorial Day Weekend ALL!!!...

[PowerPole]

News for 'SANM' - (Buy Rating for Avanex From DonHarrold.net)


SHREVEPORT, La., May 26, 2006 (PRIMEZONE via COMTEX) -- DonHarrold.net (IARD
#119079, http://www.donharrold.net), rates UnitedHealth Group Inc. (NYSE:UNH),
Johnson & Johnson (NYSE:JNJ), Sanmina-sci Corp (Nasdaq:SANM), and Avanex
Corporation (Nasdaq:AVNX).

DonHarrold.net provides unbiased stock ratings from registered investment
advisors. DonHarrold.net issues daily market commentary and features a member's
area with detailed information on widely held stocks.

Important Stock rating Changes:



UnitedHealth Group Inc. (NYSE:UNH)

DonHarrold.Net Rating: Weak Sell

http://www.donharrold.net/ratings/US/UNH.php



Johnson & Johnson (NYSE:JNJ)

DonHarrold.Net Rating: Weak Buy

http://www.donharrold.net/ratings/US/JNJ.php



Sanmina-sci Corp (Nasdaq:SANM)

DonHarrold.Net Rating: Weak Sell

http://www.donharrold.net/ratings/US/SANM.php



Avanex Corporation (Nasdaq:AVNX)

DonHarrold.Net Rating: Buy

http://www.donharrold.net/ratings/US/AVNX.php



Avanex (Nasdaq:AVNX) closed recently at $1.90 with a volume of 34402 X 100. My
current rating on AVNX is "Buy."

When I rate a stock "buy," it means that the momentum indicators I follow are in
full swing. I see a "buy" stock as one that is usually already in the process of
trending higher from previously oversold levels.

A "buy" rated stock is one that I would want to buy. I'd be more inclined to buy
it than wait for it to drop lower before I considered picking up any shares.

This is a stock that would have -- most likely -- been rated "Strong Buy"
sometime in the recent past. Now, I'm waiting to see technical indications that
the time to sell is near. The next rating along that path is a "Weak sell."

About DonHarrold.net: DonHarrold.net is a stock research firm. Their daily
commentary is regular and distributed worldwide. They are Registered Investment
Advisors. They do not accept third-party compensation to make stock suggestions.

This news release was distributed by PrimeZone, www.primezone.com

SOURCE: DonHarrold.net

INVESTMENT OPINION


By Staff

CONTACT: DonHarrold.net Don Harrold [phone] Skype: donharrold [e-mail] http://www.DonHarrold.net




(C) 2006 PRIMEZONE, All rights reserved.

**********************************************************************

As of Monday, 05-22-2006 23:59, the latest Comtex SmarTrend(SM) Alert,
an automated pattern recognition system, indicated a DOWNTREND on
04-17-2006 for AVNX @ $2.55.

As of Monday, 05-22-2006 23:59, the latest Comtex SmarTrend(SM) Alert,
an automated pattern recognition system, indicated an UPTREND on
05-15-2006 for JNJ @ $59.34.

As of Monday, 05-22-2006 23:59, the latest Comtex SmarTrend(SM) Alert,
an automated pattern recognition system, indicated a DOWNTREND on
05-22-2006 for SANM @ $4.85.

(C) 2006 Comtex News Network, Inc. All rights reserved.

[PowerPole]

It looks like you are right that SANM has not...

Quite bottomed yet, as the bleeding slowly continues AGAIN today ;^((

[mugur]

1 Year chart .Looking at the bottom indicators,looks like we are close to a reversal,but not yet there

[mugur]

http://americanbulls.com/weekly/StockPage.asp?CompanyTicker=SANM&MarketTicker=NASD&TYP=S

[PowerPole]

Today was the first good looking candlestick...

For SANM on the daily chart in a long time...It was almost an fully encompassing white over red...If it had closed just a few cents higher, it would've been...

If the week was to end today, it would've formed a doji on the weekly chart, and I may be calling this to be the bottom...

If it goes up the next two days, it could form a bullish candle on the weekly chart for the first time in a while...

I'm not convinced it needs to fill the gap as you are predicting, but this week is not over yet...

If it starts up first thing tomorrow, I will take a small starter position in the Swing account...

Good Luck!

[mugur]

yes,indeed,let's see if it fills the gap at $4

[PowerPole]

The bleeding continues ;^((

[PowerPole]

Sanmina Looks Cheap, Lacks Near-Term Catalysts...

http://www.forbes.com/2006/05/17/sanmina-sci-0517markets13.html?partner=yahootix

Bear Stearns maintained a "peer perform" rating on Sanmina-SCI after meeting with the company's chief executive officer.

"Although there was no new incremental information, the tone was relatively upbeat," wrote analyst Kevin Kessel in a report Wednesday.

"Sanmina remains focused on growth, particularly within its standard EMS and components businesses which it believes will help it improve its near-term operating margin performance."

As an example, Sanmina (nasdaq: SANM - news - people ) said it is intensely focused on improving its printed circuit board (PCB) operations, with a short-term goal to increase gross margins to 10%. Longer-term, the company believes its PCB operations can support gross margins north of 20%.

In addition, Sanmina believes it could see more OEM divestitures, especially in Europe. The company said it plans to ramp a new ODM Advanced Micro Devices (nyse: AMD - news - people ) server for a tier-1 OEM in the September timeframe.

Kessel made no change to his fiscal third-quarter estimates of 9 cents on $2.76 billion. He also maintained calendar 2006 and 2007 earnings-per-share estimates of 37 cents and 50 cents, respectively.

"We believe Sanmina shares remain inexpensive," said the analyst, "however, we remain on the sidelines until we sense the company has more near-term catalysts in sight."

[PowerPole]

Trovix selected by Fortune 200 Sanmina-SCI to Optimize Hiring Process...

Monday May 22, 3:03 pm ET

http://biz.yahoo.com/prnews/060522/phm034.html?.v=47

Trovix's Recruiting Solution Noted for its Ease-of-Use and 'Recruiter Centricity' by Leading Global Electronics Manufacturing Services Company --

MOUNTAIN VIEW, Calif., May 22 /PRNewswire/ -- Trovix, Inc., a leading provider of intelligent search technology, today announced that Sanmina-SCI Corporation (Nasdaq: SANM), a leading global electronics manufacturing services (EMS) company, has selected Trovix Recruit(TM) to help find and hire the best candidates more quickly, lower recruiting costs and reduce outside agency fees.

San Jose, Calif.-based Sanmina-SCI is a Fortune 200 company with operations in more than 20 countries and approximately 48,000 employees. Sanmina-SCI chose Trovix Recruit, an on-demand recruiting software that leverages Trovix-developed proprietary search technology, for its ability to optimize the company's overall hiring process and to ensure compliance with government regulations, including the Office of Federal Contract Compliance Programs' (OFCCP) new definition of an Internet applicant.

Carmine Renzulli, Executive Vice President, Legal & Human Resources at Sanmina-SCI Corporation, stated, "We evaluated many vendors, and Trovix Recruit is both recruiter centric and compliance-focused. Because we serve the fastest-growing segments of the global EMS market and partner with industry leaders across many verticals, it is important that the talent we hire is the best in the business. It was also key that we select a recruiting solution that could help us quickly and easily comply with government employment regulations. With the volume of hiring we do, we focused on finding a tool that would support our workflow processes, powered by a best-in-class solution, and make compliance easy as well."

As a worldwide organization, Sanmina-SCI wanted a solution that could seamlessly integrate with the company's existing systems. Trovix Recruit, a Web-based intelligent talent matching application and tracking system, is a flexible solution that is able to expand with the needs of the organization, from start-ups to global corporations.

"Through onsite demonstrations, Sanmina-SCI was able to experience first- hand the power of our search technology," said Jeff Benrey, CEO and Founder of Trovix, Inc. "Combined with its ease-of-use, Trovix Recruit is a powerful solution that helps organizations find the very best candidate for each position, saving recruiters and hiring managers time and money. We look forward to a continued relationship with Sanmina-SCI as our search technology helps them streamline their hiring process while exceeding government requirements."

About Sanmina-SCI

Sanmina-SCI Corporation is a leading electronics contract manufacturer serving the fastest-growing segments of the global electronics manufacturing services (EMS) market. Recognized as a technology leader, Sanmina-SCI provides end-to-end manufacturing solutions, delivering unsurpassed quality and support to OEMs primarily in the communications, defense and aerospace, industrial and medical instrumentation, multimedia and consumer, computer and server, and automotive technology sectors. Sanmina-SCI has facilities strategically located in key regions throughout the world. More information regarding the Company is available at http://www.sanmina-sci.com.

About Trovix, Inc.

Trovix, Inc. is a leading provider of intelligent search technology. Its first product, Trovix Recruit, combines intelligent, personalized search technology with a full-featured applicant tracking system to help companies recruit the best talent available, reduce their cost-per-hire, streamline their workflow, and facilitate their resource allocation. Trovix customers include successful and growing ventures such as Palm, Linksys, Juniper Networks, VMware and Rambus.

Headquartered in Silicon Valley, Trovix is backed by top-tier venture capital firms including USVP and 3i. For more information, visit

http://www.trovix.com.

Trovix and Trovix Recruit are trademarks of Trovix, Inc. Other product and brand names are trademarks or registered trademarks of their respective owners.

Source: Trovix, Inc.

[PowerPole]

Way To GO! RBAK...I said it could go up .75 today...

With little resistance...It closed up .84 at 23.84 on a day the Dow was down 80 points or so at one time...The Dow closed down only 18 points and the Nasdaq closed down 21 points...

Today was the second highest close of the YEAR for RBAK!...The only day it closed higher was 4-26-06 at 24.21...

The UPgrade from Miller Johnson sure helped ;^))

http://finance.yahoo.com/q/ud?s=RBAK

I also said it would have another good week in this post yesterday:

http://www.investorshub.com/boards/read_msg.asp?message_id=11217775

"I expect another GOOD week for RBAK...

"On the daily chart, it looks to be ready to break out up out of one of the longer bull flags I've seen it make (lower lows, lower highs)...This one took 30 sessions to form, which is twice as long as the last 3 bull flags preceeding it...The upper BBand sits at 23.76 so it could move up .75 or so Monday with no resistance...The potential downside is 20.09 by the lower BBand and the Parabolic SAR is just a few cents higher...The most interesting thing I see on this chart is Friday's VOLUME!..."

It also gave us the pullback I was hoping for at 11:15 this morning...Look how far below the lower Bollinger Band it fell on the 15 minute chart...This is the kind of buy the pullbacks that almost always works on RBAK...



I picked up 2K shares down there at 22.72 that was supposed to be just a quick Day Trade, but it gave me no reason to sell until just seconds before the close when I analyzed the longer term charts...



I sold because it has reached the upper BBand on the daily chart and it's run almost 4.00 in the last six sessions, and is very Overbought...



I'll just be watching tomorrow to see if it can bust up through the upper BBand or not...I think a pullback "may" be in order here, but it might just run up to set a new 52 week high before it does pullback...Heck, it "could" just keep on a runnin'...lol

I made enough today to take the rest of the week off, and I probably will...

Good Luck To ALL ;^))

[PowerPole]

OK 'mugur'...I see that now on the P&F Chart...

I was only looking in the right column where it's still 9.00 in green...

Poor SANM...The bleeding continues ;^(((

[mugur]

PP, All the charts i put in the Ibox are self-updating,including the P & F .If you look close the last day it was updated ,is May 19 2006,and the "revised"price is $9.25