Bruce Pile's  Instablog

Bruce Pile
Send Message
I run a model fund at Ken Kam's Marketocracy, where they do capital management using the best member mutual fund track records with extensive tabulations of alpha, beta, R-squared, and many other fund management evaluations. Marketocracy Capital Management offers SMA (Separately Managed... More
My blog:
Good Stock Investing
  • Do Ya Feel Lucky, Punk ? 0 comments
    Jun 18, 2009 12:51 AM | about stocks: EXTR

    Well do ya?  Then buy EXTR, Extreme Networks!  This network gear supplier (a dangerously crowded market) has some nice, well behaved value attractions.  For instance, a price/revenue of 0.50 and a nice recovery in eps from way negative after the tech bust of '00 to positive even in the face of the brutal recession, albeit with a current PE of 70. But that's where the safety ends.  It's a dollar and change stock, the current ratio is barely above 1, it has a small float of 84 million with a recent (10 day) average daily volume over a million (meaning it can move very fast).  Many things make it worrysome to own during a scary market correction.  But the technicals, they are so good. A dangerous, but interesting buy right now.

    Stocks: EXTR
Back To Bruce Pile's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.