Quick CAPS Report
A couple thoughts from my CAPS:
RACK - I went out on a limb for Rackable after they got hammered for their pre-earnings announcement. Today they got slammed for another 17% because of poor guidance. Sheesh.
CTEL - The only news on CTEL since my article has been its 2006 20-F filing. As far as I can see, all that the 20-F shows is that revenue is flat, gross margins are down, and the company is still well unprofitable. Cash from ops is positive, but they are spending a lot on capex. Still junk if you ask me.
CROX - I can't wait 'till these guys falter, they're killing KILLING my CAPS portfolio. As Mick said, time is on my side.