SCKT
I think the stock may get a pop from nas that is definetly a possibility but here are the fact, my earnings estimates come down down significantly going foward for two reason the share count was up another 10% sequentially and just keeps climbing, and OE will be higher by about 500k (annualized) then my model had, both of these are negatives in my opinion. It cut my outlook from .40-.50 to .30-.40 going foward after we get passed somo, you will also have a bunch of tough comps coming up after q2 as well. I'm not predicting the stock to go lower, it gradually may go higher, I just don't see the upside from current levels, I originally thought this stock can be at $5-6 easily and not be overvalued by the end of the year, now I think it will be more in the $4-4.50 range, of course that doesn't mean the momo guys can't find it and take it higher then I imagine, but I just don't see the excitement of holding on to it here around $3.50 not enough upside for me as I feel around $4 is FV. All is just my opinion, and I could always be wrong though.
