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Quick CAPS Report



February 02, 2007 – Comments (0)

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.

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