Tuesday, April 18, 2006

Watch List - TEK, CYMI, CTXS, AMAT, BRCM, AKAM

TEK had a nice move today. Hope you were able to catch some of it.

Cymer beats by $0.11; guides above consensus (CYMI) 49.45 +1.34: Reports Q1 (Mar) earnings of $0.52 per share, $0.11 better than the Reuters Estimates consensus of $0.41; revenues rose 49.9% year/year to $127.1 mln vs the $120.3 mln consensus. Co reports Q1 gross margin of 46% vs 44.6% street expectation. Co issues upside guidance for Q2, sees Q2 rev growth of 5-10% sequentially or roughly $133-140 mln vs. $128.13 mln consensus. See Q2 gross margin of 48-49% vs 46.7% street expectation.

Look for a big gap up on the open.

CTXS - Same old consolidation pattern and it looks good to break anytime.

AMAT - Look for a three day consolidation breakout or a gap up on the open.

BRCM is trading up in AH and looks well positioned to challenge $47.00 resistance.

AKAM is well positioned to retest its recent high of $34.00.

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