| LCCI (3/25/02
- 5.00) - If looking for a play in the wireless sector this
is a good one because of it's lower risk. As of the Feb. 11 earnings
release the company expects 2002 revenues of 130 million and profits of
8-10 cents. LCCI carries no debt and 2.57 in cash and equivalents.
The current market cap is 103 million.
Though
the price is right, now, the overall market is weak so we recommend trying
to buy on support between 4.00-4.10. LCCI touched this level and
held it in August and September 2001, and then again in February
2002. For now we don't recommend using a stop loss order
because of its cash levels and lack of cash burn. However if that
changes we will let you know. Our 12 month target is 12 dollars.
BUY
POINT TRIGGERED 04/15/02 ! |
