Stockchase Opinions

Bruce Campbell (1) Tundra Semiconductor TUN-T BUY Aug 25, 2004

Semiconductors have dropped. Thinks there's been an over-reaction. Not a bad entry point.
$16.430

Stock price when the opinion was issued

electrical electronic
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BUY
Looks interesting. Has been hurt with the semi-conductors and they have been buying semis. Model price of $21.84.
DON'T BUY
Liked technology management and balance sheet, but wont buy now because of RRSP.
BUY
Looks like it's starting to turn the corner. They sell a lot to the networking communications equipment business which has been slow. Given their cash levels, it looks like their revenues are starting to turn higher. If you are willing to take some risks and be in the technology sector, this is one one of the better plays.
DON'T BUY
Not one of his favourites. Made some acquisitions in the last couple of years and driven their top line and the profitability, but there has been so many difficulties in the semi-conductor stock performance. Still too early to be in this sector.
DON'T BUY
The company had a poor last quarter and they are supposed to be flat for the next year. Likes the company. Too expensive.
TOP PICK
All his picks are for a seasonal Santa Claus rally trade. If they move 20%, say thank you and get the heck out. The information technology stocks have been badly beaten up over the last several months, but from the seasonal standpoint, they are beginning to look positive.
HOLD
In the business of connecting chips on the motherboard of computers and servers. They stumbled and competition moved ahead. In the meantime Rapid IO is coming up and they are well positioned in that.
PAST TOP PICK
(A Top Pick Nov 9/05. Up 8%.) When he picked these stocks, he was trying to play the Christmas bounce. All 3 failed to materialise. Needs more base building.
BUY
Ranks below half in the model at 416. Recently bought shares as the most recent reported earnings were up 11%. Based on forecasts, they are expected to be up 44%.
DON'T BUY
If you are in semiconductors, you want to be in the high-end ones.