SHORT TERM $$$$ PAYBACK

[MSM]

CARRIER ACCESS CORP
CACS -- SELLING AROUND $7.00 IS RECOVERING FAST AFTER A QUICK DROP. MY BROKER SAYS THIS SHOULD GET BACK TO THE $12.00 TO $15.00 RANGE WITHIN A MONTH OR TWO.
I HAVE BEEN WATCHING SELKIRK'S SITE BUT I HAVE TO CONFESS I DON'T UNDERSTAND IT. WISH I DID, LOOKS REAL INTERESTING. MAYBE HE COULD EXPLAIN IT TO ME. I JUST DO SIMPLE BUYS AND SELLS BUT WOULD LIKE TO LEARN MORE.
HAPPY TO JOIN YOUR FORUM AND HOPE WE CAN ALL MAKE MONEY :clap: :clap:
MSM

 

[MSM]

SORRY THIS IS ON HERE TWICE, I JUST HAVEN'T DONE THIS BEFORE AND IT SAID IT DIDN'T POST. MAYBE I'LL GET THE HANG OF IT.
MSM

 

[selkirk]

welcome to the forum MSM, good luck with the stock.

do not believe the market will do to much before the elections. more of a waiting game to see what happens.

this will probably effect the stock CACS but it may hit your brokers target in 12-18 months.

a negative is that many telcos are cutting back expenditures and looking to cut costs in the wireline side. however many are looking to increase spending on the wireless side which for many of these telcos are the only sign of growth.

on the positive side along with increase in spending on wirless the company is making money which is good, according to estimates

2004 .30/.40 2005 .45/.60

if they can hit the 2005 estimates you should do okay on the stock, not sure about a double. good luck with the stock.

thanks
selkirk

 

[MSM]

THANKS FOR THE INFO.
CAN YOU EXPLAIN TO ME VERY SIMPLY HOW YOU DO THE STOCK THAT YOU DO? I HAVE TRIED TO FIGURE IT AND I CAN'T UNDERSTAND IT. JUST TELL ME WHAT TO BUY AND WHAT TO DO. THANKS!
MSM