Zeev's Turnips Patch-No Politics (ZEEV)

[All Mtn Ski]

D2,

I think SWKS will work its way close to $6 before earnings and will probably be good for another point or so after that, if your trading the short term movements, which can be quite profitable.

I am holding SWKS and a 2-1/2 month play, as many fators are coming together in its favor:

1) Attractive valuation
2) Good sector with strength (Wireless)
3) Great Management focused on the finacials
4) Estimates are way too low, so positive suprises going forward
5) #1 RF IC supplier in the world, largest product breadth, technology leading products
6) Handsets are in a growth spurt due to the changing technology (color, data, 'Gee-whiz' features)


SWKS should be a major beneficiary of a contructive market.

Target $8 by year end, $10+ by end of January, IMHO.


A-M-S