Tuesday, February 21, 2006

Getting ready to buy

We are going to buy the following stocks, either today or during the week

MRVL - BRCM has a forward P/E of 28 and a 61 trailing P/E. Assume that MRVL will get similar treatment. If MRVL hits earnings projections, they will have a 47 trailing P/E. That makes them an $81 stock. If they exceed, even better. We are going to try and buy today

TIE - Buy today depending on post-split behavior

GRP - Buy today. Expect slight uptick based on bottom established and Nigerian behavior

GHL - Buy today

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