Wednesday, October 24, 2007

Missed the boat the first time around.

These are some stocks that I missed the boat on in the last few months and are now back down to what I think are in the buy category.

Level 3 Communications, Inc. (LVLT)


Not the best run company, and doesn't do the greatest job of turning a profit but it's got enough fiber laid to be a major competitor in the market. Bandwidth is in huge demand and will only continue to be strong with the advances with the internet and video streaming. This stock is not done going down yet I would look for $2.75-$2.80 to pull the trigger.


SanDisk Corporation (SNDK)

This company is down to what it was worth at the end of May when I looked at it. Everything now days uses removable storage, and I see SanDisk as the leader of the pack. SanDisk also just announced it latest gadget to compete with Apple's "Apple TV" (coincidentally it does not support macintosh computers. Surprise surprise.)

From PC Magazine...

"On Monday, SanDisk unveiled the Sansa TakeTV, an inexpensive way to take prerecorded videos from a PC and play them back on a television.

The box comes in two formats: the first, with 4 Gbytes of local storage, costs $100. The second, which increases the storage size to $8 Gbytes, costs $150. By comparison, the Apple TV is priced at $300, and the Xbox 360 -- the only Media Extender for Windows Vista -- costs $349.99.

The TakeTV works by connecting up to a user's PC via a USB cable. The user then walks the device or the memory card to the dock on top of the television, and plays the content back using an attached remote. "

Basically what it does is lets you take videos like this and play them on your TV in a easy plug and play fashion.


I am LONG on SNDK


Lululemon (LULU)



Sometimes also called magic ass pants (you can see why) this company has goodness written all over it. Bonus #1 its canadian, with such a strong canadian dollar and weak american thats a no brainer. #2 it has crazy brand loyalty. It had a big run up last week and has dipped down over 5 points since then, it may travel a bit farther south but I think LONG it will work out very well.

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