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Re: Zeev Hed post# 454989

Friday, 02/03/2006 3:34:11 PM

Friday, February 03, 2006 3:34:11 PM

Post# of 704049
I'm just looking for a quick relief bump on this at the moment. I got the March 17-1/2's for $2.55, which was pretty close to intrinsic price (only about $.20 premium).
Before buying I took a quick look at their report and saw that the earnings miss seemed to be a temporary issue dealing with the repatriation of foreign cash, and that they beat the revenue number. That plus the support on the chart was good enough to enter a short term bounce trade. I may pick up shares or longer term options once it settles into it's basing mode.



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