News Focus
News Focus
Followers 28
Posts 4933
Boards Moderated 0
Alias Born 07/07/2002

Re: Zeev Hed post# 164856

Friday, 10/24/2003 10:20:08 PM

Friday, October 24, 2003 10:20:08 PM

Post# of 704041
RE CCMP

They have pretty much slightly negative sales as end users learn to be more thrifty with their slurries. Like JCOM's reaching the end of the line of income tax credits, CCMP has no more major cost cutting moves like their recent elimination of distributors to plug sales and earnings shortfalls in this latest quarter.

It is still high Beta stock that you will do fine trading with but the 50 day MA is about $61 and it will have to be real strong overall tech market rally to get it above 50 MA any time soon.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today