I'm continuing to accumulate SCX. Looks like another quality micro caught in the recent market downdraft. I'm surprised it dropped all the way to the $8's. As I thought SCX was undervalued in the $13's last month after they earned .44/share in their seasonally weaker fiscal Q1. Pretax income in Q1 more than doubled vs last year. Q1 revenues were up 25%. According to the earnings PR, orders were up 35% with backlog at a record high. Plus their semi business should be on fire right now.
Think SCX a good candidate for a January effect bounce. Plenty of those to choose from! Hoping larry makes that list as I think there will be a lot of opportunities.
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