Hello Friends! Thanks so much for stopping by and visiting my blog, Stock Picks Bob's Advice ! As always, please remember that I am an amateur investor, so please remember to consult with your professional investment advisers prior to making any investment decisions based on information on this website.
The market is doing a little better today with the Dow up 77.07 and the NASDAQ ahead by 9.57. In addition, we have oil down at $87.55, down $(.73)/barrel. Not a huge rally, but a nice day nonetheless.
It is in this context that I thought I might find and write up a new stock this afternoon. I shall try to be briefer than usual but still cover the important points.
Silicom (SILC) made the list of top % gainers on the NASDAQ today and as I write is trading at $15.13, up $1.55 or 11.41% on the day. I do not own any shares nor do I have any options on this stock.
"...through its subsidiary, Silicom Connectivity Solutions, Inc., engages in the design, manufacture, marketing, and support of connectivity solutions for a range of servers and server-based systems in Israel, the United States, and internationally. It primarily manufactures server networking cards with and without bypass (Server Adapters), and legacy products, including connectivity solutions for portable personal computers and broadband Internet access products."
How did they do in the latest quarter?
On October 29, 2007, Silicom reported 3rd quarter 2007 results . For the quarter ended September 30, 2007, revenues came in at $6.6 million, up 59% from the $4.2 million in the same quarter of 2006. Net income climbed 147% to $1.6 million or $.25/diluted share compared to $666,000 or $.12/diluted share for the 3rd quarter of 2006.
How about longer-term results?
Examining the Morningstar.com "5-Yr Restated" financials on SILC , we can see that revenue has steadily grown since 2002 when the company reported $2.7 million in revenue. This increased more than five-fold to $16 million in 2006. Earnings have also imporved from a loss of $(.61)/share in 2002 to $(.30)/share in 2004, $.30/share in 2005 and $.49/share in 2006.
Outstanding shares which were at 4 million increased to 5 million in 2006. Free cash flow which was at $-0- in 2005, improved to $2 million in 2006.
The balance sheet, as reported on Morningstar, looks solid with $5.0 million in cash, plenty to cover both the $3.5 million in current liabilities and the $1.2 million in long-term liabilities. Calculating the current ratio, the company has a total of $13 million of current assets, which when compared to the current liabilities of $3.5 million works out to a ratio of 3.71--very healthy from my perspective.
What about some valuation numbers?
Checking Yahoo "Key Statistics" on SILC we can see that this stock is a micro cap stock with a market cap of only $96.44 million. The trailing p/e is a very reasonable (imho) 16.05 with a forward p/e of only 13.75. The PEG works out (5 yr expected) to a modest 0.93.
Examining the Fidelity.com eresearch website for valuation, we find that the Price/Sales (TTM) is a very reasonable 2.77 compared to the industry average of 7.66. In terms of profitability, SILC comes in a bit under the average in terms of "Return on Equity" TTM of 21.64% compared to the industry average of 26.70%.
Finishing up with the numbers from Yahoo , there are 6.49 million shares outstanding with only 4.45 million that float. As of 11/9/07, therewere 142,440 shares out short representing 3.1% of the float or 0.6 trading days of volume. No dividends are reported and no stock splits are recorded on Yahoo.
What about the chart?
Looking at the "point & figure" chart on Silicom from StockCharts.com , we can see that since July, 2004, when the stock was selling at as low as $1.70, the stock has appreciated strongly to a recent high of $28 in September, 2007. The stock recently sold off to a low of $12.00 in November, 2007. The stock is still welling below support levels and under resistance at around $19. Of all of the things I reviewed on this stock, the chart appears to be the weakest part of the equation. However, it is not enough to keep me from posting that "buy" assessment.
Summary: What do I think?
This is a really small company with a market capitalization under $100 million. However, the earnings results were very nice, the Morningstar report was solid, and valuation is very reasonable. The only thing keeping me back at all is the chart which is a bit less than encouraging--although recently the stock has been consolidating and moving higher.
Thanks again for visiting my blog! If you have any comments or questions, please be sure to leave them on the website or email me at bobsadviceforstocks@lycos.com.
If you get a chance, be sure and visit my Stock Picks Podcast Page where some of the many stocks I write about are presented in a radio show format. Other places to visit include my Covestor Page where the performance of my actual trading portfolio is tracked and compared to other participating investors, and my SocialPicks page where my stock picks from the past year are all reviewed and the results monitored.
If you are looking for a unique place to invest your money, consider exploring Prosper.com where you can join with other like-minded investors and lend money to individuals. These non-secured loans are quite high risk so please make sure you understand the risks involved before participating in this website.
Thanks again for visiting! Have a great week trading and investing!
Hello Friends! Thanks so much for stopping by and visiting my blog, Stock Picks Bob's Advice! As always, please remember that I am an amateur investor, so please remember to consult with your professional investment advisers prior to making any investment decisions based on information on this website.
This market sure has a lot of 'mood swings' don't you think?
Just when I was feeling a bit blue over selling my WOOF stock for the second time since I have been an owner of shares, the market turns around and starts to rally. Almost feeling the strength of the market move higher I thought I would take a look and see if there were any names that caught my attention.
Sure enough, Silicom (SILC) was moving strongly higher on earning news. I had just reviewed Silicom on December 10, 2007, and you might want to refer to that review for information about the Morningstar.com report and valuation.
With all of that in mind, I took a big plunge and purchased 2,000 shares of Silicom (SILC) at a cost of $13.668. With the stock trading higher this afternoon, I have already sold 400 shares of SILC at $14.1301, for a gain of $.4621/share or 3.38% since purchase. (400 x $.4621 = $184.84 gain). Nothing to sneeze at but I will take each small gain as I try to climb back into the black this year and move my performance ahead.
I would like to leave 400 shares in my Trading Account if possible, so I shall be looking to making three additional 400 share purchases----if I do this piecemeal as it appears I may do. Anyhow, that's an update!
If you have any comments or questions, please feel free to leave them on the blog or email me at bobsadviceforstocks@lycos.com.
Hello Friends! Thanks so much for stopping by and visiting my blog, Stock Picks Bob's Advice! As always, please remember that I am an amateur investor, so please remember to consult with your professional investment advisers prior to making any investment decisions based on information on this website.
Continuing my brief update on my Silicom Stock (SILC) which I purchased this morning. I have now sold 400 shares twice and just sold an additional 300 shares of SILC at $14.47 leaving me 900 shares remaining in my Trading Portfolio.
I would like to leave 300 or 400 shares longer-term if possible as a small position so that would mean either 600 or 500 shares remaining to be sold as needed. I have been very lucky with this stock and maybe should have held on longer, but I am happy to continue to eke out small gains as this unfolds.
Hello Friends! Thanks so much for stopping by and visiting my blog, Stock Picks Bob's Advice! As always, please remember that I am an amateur investor, so please remember to consult with your professional investment advisers prior to making any investment decisions based on information on this website.
As I have blogged earlier, I purchased a large position of Silicom (SILC) yesterday and as the stock has moved higher, I have been selling off 'pieces' of this investment and now, with 350 shares remaining, I am leaving it as a new position in my Trading Account.
Earlier today, with 900 shares left of my 2000 share purchase that I picked up yesterday at a cost basis of $13.67, I sold 300 shares at $14.25, and then later in the day sold 250 shares at $14.2101, leaving me the 350 share position which constitutes the new position.
If my SILC shares dip to my 'break-even' point or lower I shall be selling the shares. On the other hand, if the shares appreciate to the 30% appreciation level, I shall be implementing my 1/7th of my position sale as I do with my other holdings.
Even though I was selling shares today and yesterday, this was just part of my 'trade'. I am still upbeat on the stock and
SILICOM (SILC) IS RATED A BUY
Thanks so much for stopping by and visiting! If you have any comments or questions, please feel free to leave them on the blog or email me at bobsadviceforstocks@lycos.com. If you get a chance, be sure and visit my Covestor Page where my Trading Portfolio is analyzed, my SocialPicks page where my stock picks are recorded and analyzed, and my Podcast Page where you can download programs discussing some of the various stocks and investing strategies from my blog.
Have a great rest-of-the week, and if you are in the Midwest like I am, drive carefully and stay warm. There is a lot of cold air coming through.
Marc Jacobs is an American designer. His Marc Jacobs Bags fashion brands and vice line brand Marc Jacobs chief designer by Marc. Marc Jacobs incumbent Louis Vuitton famous French luxury brands of director. In the fashion industry group of American designer marc jacobs Bags, Louis vuitton requests for at the same time.
marc jacobs marc jacobs Bags conduct by marc hai, its design concept for elegance, luxury and sexy win numerous beauty heart, a level of popularity has utterly broken borders. Especially deputy brand marc jacobs Handbags line by marc, but also by nowadays young women love, Japan college girl more depending on the brand is the fixed one of brands of worship.
Allison, Chung Alexa Chung bashan) daddy is a three/four Chinese, therefore, elliot Alexa Chung clock (sandy) are also 3/8 Chinese descent, Mulberry Alexa, Chung Alexa Chung hassan in British teenagers with ultra high position, eyes, elliot bashan Chung Alexa Chung Alexa Chung Mulberry Handbags sale) had taken two movies, add to the television, ratings high fashion TV host. Allison, jokshan Chung) clock (Alexa han2 British ironic humor conquered many people heart, she also repeatedly named best dressed personage, the most sexy woman etc awards. Allison, jokshan Chung) is Mulberry Alexa 2007, 2008 2 consecutive years into ;Britain best dressed list Top 10. Allison, jokshan Chung) Alexa Chung on British soil and Internet Mulberry Factory Shop to make her become a worldwide fashion models. Allison, jokshan Chung) clock (Alexa largely due to network is famous for her continuous attention, after British tabloid media also began tracking her, in the magazine street pats her dress. Mulberry Outlet The girl dressed like boys - elliot, Chung Alexa Chung bashan) clad style deceptively simple but does not easily imitate - bright the guardian, a British newspaper, will she praised as the most sexy in 2008 when the tomboy thus evaluation. Mulberry Bags Everyone recognized is elliot, bashan, Chung Alexa Chung) very know how to put concise and classic sheet is tasted and antique clothes mix build up, Mulberry Bag deserve to go up again neuter accessories such as skeleton ring, briefcase shapes of big handbags, thick with short boots) high.
In the day ", the author wrote: "no light and heat, which the world is not become dark cold world?" Christian Louboutin Sale And during the month ", the author have so of words: "I know dead stars are not issuing a thermal. Months of light is dead light."
Although it is two articles different articles, Discount Christian Louboutin shoes an essay writing day, an article written months, but look at the time of writing, is just a day away. Louboutin outlet And will be linked to see, express the content is consistent. Since the ancient times, the day is light, louboutin shoes symbol of hope, Christian Louboutin a lot of people ever sing praises to phoenix, but ba jin written in Japanese, though, he means, but not this in the article was written start first "moths", a small and not beautiful creatures, Christian Louboutin boots but it "pursuit of light and heat for, turn to the pounced on the lamps, finally died in the light or dip in oil, moths is worthy of praise. In the last moment it gets light, also get hot," for this, Red sole shoes "I miss the former kua fu, he pursued in the valley of the shadow of thirst Yang from moths to boast," father, Louboutin Salefrom small to great, they are all in order to light, for one kind of heat, but would rather give up their life. Here the moths and kua fu is not only a simple creatures and ancient mythology action.how characters, ba jin to give them a new connotation. And people will like them for, Christian Louboutin shoes should "pursuit of light and heat," "would rather give up his life". Although "life is lovely," "but the cold, lonely life, but as the astounding die", this is the author want to express, this is the real meaning of the author tries to pursue life ideal. And the earth "no light and heat", also just "dark cold world".2011 Christian Louboutin shoes So "I'd do the human moths", "fly to hot day ball, let me in front of a light, Christian Louboutin UK body inside hot of be son, loss of consciousness, and into a smoke, a pinch of ash".
Monster Beats is the world's earliest headset brand, quality is very high, and the sound quality is quite good, when you have Monster Headphones, you can hear the most beautiful music. Now many web site have
Monster Beats outlet, more and more young people like its fashion, cool dazzle,
Monster Headphones outletMonster Headphones outlet is so cheap, but also can make you feel good value for money.http://www.okbeats.net
Louis Vuitton Messenger Bags line is the best choice when you shopping online. We provides you the best products with the best services and the best quality. There are several products are in hot sale. Like the Louis Vuitton Taiga Leather which always follow the trend fashion and posses the exquisite craftsmanship. The Louis Vuitton Monogram Denim are designed luxuriously with silver and golden buckle and made from durable leather. With different colors and different fashionable appearance, various brands Louis Vuitton Walletswill add a fashionable twist to any look. It's a right choice to go through our Louis Vuitton Monogram Idylle website, we are dedicate to help find your favoraite goods from Louis Vuitton Outlet line. Here, you can enjoy our considerate.
Professional online shop, many fashion styles of wedding dresses and 2011 bridal gowns, bridesmaid dresses, prom dresses, evening dresses and accessories.
is a little something extremely attractive about the coloration red on women
Get to know about the styles in mother of the bride dresses for a beach wedding that will give Special occasion outfits for the mother of the bride or groom
A man who often doubt himself getting sick guarded said to the doctor:headphones on sale"I must have had the cure of liver disease.loui vuitton wallet "The doctor declared:discount beats by dre" nonsense!! How can you know suffer from the disease?” That kind of disease does not make you feel unwell. "callaway golf irons
3 reebok simply tonethe young intern doctor asked to the attending doctor: "why do you always forget to ask the costs of the patient’s usual eating dinner?" Doctor smiled and answered him: "this is extremely important, according to the patient's diet, classical Reebok running shoes on saleI can judge how much medical treatment I could charge to him."monster beats dre
The doctor asked the patient's history, the patient said: ugg boots sale"When I was very young, I had English disease, 5 years later I was caught with Spanish flu; not long ago, an eye doctor felt out my eyes with Egypt inflammation."reebok careers
Offering huge selection of cocktail dresses cheap and dancing dresses at the cheap prices. Andweddingdresses can simplify your requirements with hot styles and newest colors.
Herve leger dress One part of the wedding occasion is when the bride steps down the aisle, looking radiant in a beautiful wedding dress that stretches for miles behind It is a sight that really .. Among the different cuts and trends in wedding dresses, one of my favorites is this lace wedding gown is clothing that can radically change the look of any bride and transform itself into objects of beauty and serenity .. A lace wedding dress, if you're not too aware about the amount you are willing to spend, for the primary effect must be selected from among the designer wedding dress.
Designers understand the amount of business they can get Herve leger a wedding dress That's the reason that almost all fashion designers have a separate wedding collections .. There are many fashion designers who holds an exclusive show for their designer themes for fancy dress. Marriage is something that will never cease until the time of human civilization existed and designers will continue to get big bucks to sell their collection of designer bridal gowns. Among the various trends in designer wedding gowns, lace wedding dress is probably the most popular.
It is quite clear that not everyone can afford to buy a wedding dress designer because most of them come with a price tag that is impossible, but for those who can, there is no other better alternative .. If someone is looking out Herve leger clothing from the world lace wedding dress and not worry about paying extra for it, then he should look at the collection of designer bridal gowns to dress the best available.
People accept shoes to assure bottom aboriginal to bare from injuries, which needs that shoes should be actual comfort. Too big, small, cheap Supra shoes or attenuated shoes can abet bottom discomfort, abrasion as able-bodied as abiding deformity. Shoes and best ill-fitted akin of Nike Air Max 90 Roberto Cavalli Sunglasses alive from the absolute faculty will advice you acquirement shoes for on their own and their households if there is admired cheap Gucci boots accepting a alive choice.We yield all shoe factors and their akin of abundance shoes are described, and children's shoes, men's, women's shoes, authority out shoes, sports activities shoes, shoes as able-bodied as added absolute ailments are discussed, puma running shoes aswell to authority out shoes cheap Oakley sunglasses developed christian louboutin abundant suggestions. although the abundance of shoes are commonly acclimated the array method, from the advantageous abode of view, while you acquirement shoes, Red Bottom Shoes the backbone from apparently the a lot of important, it will Chanel Wallets accomplish your bottom at affluence and safe. Red High Heels In the array of shoes, Soccer Caps will crave adhering to the advancing principles: shoes should to amuse the foot; should not force their bottom to acclimate to the Cheap DC Hats shoes. Granted that inappropriate shoes, abiding brooch will abet pain, abroad from your cocoon, as able-bodied as accustomed Cheap Coach Boots out with time and abiding deformity. The framework of shoes with the toe, instep, sole, heel, shoe endure bulk of Ferragamo Sunglasses parts, to admit the basal framework of shoes can advice you abroad from your a massive bulk Dolce&Gabbana Handbags of shoes to actualize cheap Tiffany jewelry a alive choice. Toe shoe abstraction will be to accommodate amplitude to the toes, the toe could possibly be rounded, and it could possibly be cheap MLB hats tapered, and fabricated a accommodation to toe the space. The high aspect from the shoe uppers, commonly the breadth of shoelaces, Red Sole Shoes and occasionally acclimated as against to nylon laces cull clasp. Such as close and alfresco abandon from the sole, central the shoes, the alfresco get in blow with application the ground. Red Bottom Pumps
The us government includes Canada Goose Jackets terminated an entire '08 statutory advice "Generating Strong Canada Goose Parkas, Secure along with Productive Online Canada Goose UK communities", Canada Goose Jacket, including Canada Goose CoatsCanada Goose Youth Parka use at every This should stage in the commissioning routine, Canada Goose Sale eneral Affordable guidance on commissioning. And also the summary of this particular new Cost effective Suggestions reiterates your Government's goal so that you can annulment the governmental tasks to organize some sort of Sustainable Online community Technique along with the Job to express to, Consult & Call for.
For Women's Canada Goose Jackets individuals devoted to ever better homeowner taking part, that is a blow, many people feel.
But strangely enough, the modern one-pager Will consist of a Canada Goose Women Jackets um Canada Goose Gloves er of responsibilities close to discussion.
1st, your Guidance is the pursuing point:
"To own correct steadin Canada Goose Mens ParkaMen's Canada Goose Parka ss–in addition Canada Goose Yorkville Parka prior to deciding the best way to complete Canada Goose Gloves the Canda Goose Chilliwack Parka Portion three Section Canada Goose Womens Parka beautiful most Benefit Obligation– authorities tthosehey are under a new Accountability to see representative Portion Section Canada Goose Canada of any wide range to of neighborhood persons; this may not be various. Specialists need to confer with reps connected with council duty payers, people who employ or maybe are likely to make use of companies suppl Canada Goose Online ied by this recognition, and others appearing to the power Canada Goose Parka to have an curiosity about every area within the fact that expert performs characteristics. Professionals include community volunteer plus area enterprises plus business owners in such discussion. such as taking Canada Goose Expedition look at your decommissioning of products and services."
This referrals the the late 90s Town Take action couple of, which in turn states:nterestingly, the modern Greatest Suggestions next proced es claim clearly Canada Goose Expedition Parka with regard to area consultation in particular with monetary is important in difficult occasions.
The us government has revoked the whole 2008 Belstaff Jackets governmental assistance "Building Sturdy, Safe Belstaff Leather Jackets and sound and also Profitable Online communities", including basic Belstaff Uk Affordable guidance on commission. As well as summary of that fresh Affordable Direction reiterates the Government's Belstaff Bags objective to be able to annul the statutory jobs to ready a Maintainable Group Method as well as Duty Belstaff Womens Jackets to see, Consult & Call for.
For any folks invested in more and better resident contribution, that is a knock back, i believe.
But strangely enough, the newest one-pager Can involve many responsibilities around consultation.
Very first, this Assistance definitely makes the next point:
"To own proper sense of balance–plus in advance Belstaff Coats of coming to a decision how you can complete their full capacity Cost Job– specialists they are under some sort of Accountability to refer to officials Belstaff Mens Blouson of your wide range of neighborhood persons; that isn't optionally available. Government bodies ought to confer with officials with authorities tax payers, those who utilize or maybe are likely to work with services offered by your guru, and those listed towards the power to get an desire for almost any location in how the expert carries Belstaff Mens Jackets out capabilities. Belstaff Sale Government bodies will include neighborhood volunteer and also neighborhood companies plus business owners such assessment. Belstaff Jacket This would implement at all stages of the commissioning period, which include when it comes to the actual decommissioning associated with providers."
This references the particular 2000 County Respond Belstaff Womens Blouson Segment three Part only two, which will states:nterestingly, the revolutionary Best Value Direction subsequently goes on to state firmly with regard to regional consultation primarily with budgetary issues in hard periods.
Simply started out taking pictures the movie Canada Goose Jacket while movie director Steven Spielberg around the staff in the Canada Goose Sale crew declared the particular discipline: not necessarily Canada Goose Parka meeting everyone, additional Canada Goose Youth Parka operate deal discretion conditions must Canada Goose Chilliwack Parka be involved. In a small tropical isle in order to take essential displays, Spielberg and even small block off of the studio, and invited Canada Goose Women Jacket all media editors boarded a small fishing boat, whenever cinematography begins, the particular Canada Goose Canada yacht was having increasingly more of Canada Goose Womens Expedition Parka the correspondents in the studio much. In these security are extremely unpleasant, Canada Goose Expedition Parka a lot of editors have started to understand more about alternate options, they will obtained a little cameras, spend some money to hire nearby residents and individuals across the actors within the facilities or Canada Goose Online captured pics of inside capturing, whenever these works are Canada Goose Coats simply, Sri Lanka Pierre Iceberg yet again pressured self-control, all the extra supplies can be given a $ 80 daily Canada Goose Trillium Parka wage, they should do to accomplish his or her responsibilities in the arrangement, the confidentiality procedures.
Data powered by FinancialContent.
All Rights Reserved.
Quotes delayed at least 20 minutes unless otherwise indicated.
None of the information contained on SocialPicks.com constitutes a recommendation by SocialPicks or its users that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. SocialPicks is not responsible for the posts, discussions, and recommendations of the users on the Site. SocialPicks does not provide investment advice. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the website. SocialPicks' users' past results are not necessarily indicative of future performance. Neither SocialPicks nor any of its users guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the website. You understand and agree that you use the Site and Services at your own discretion and risk and that you will be solely responsible for any damages that arise from such use. Before acting on any information contained on the website, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.