Cashmaker's hot stocks and trading

EMC generate 3 Billion cash oversea this year. Growing business in US and globally. Share at $13.85 is totally undervalued, good time to absorb some.

EMC Corp. is mum as well about its plans for its repatriated funds, up to $3 billion -- equivalent to about two-thirds of the cash position on its latest balance sheet. EMC says the cash it's generated since the beginning of 2004 has mostly been used for stock buybacks and acquisitions, but it isn't allowed to use repatriated funds for buybacks.

EMC's management and board have approved a plan that "does specify how the cash will be used," said Greg Eden, an EMC spokesman. "At this point, we do not intend to disclose that plan."

http://biz.yahoo.com/ap/051214/companies_repatriation.html?.v=2
 
Good news for EMC today, it will back up from the sell early this week, it will easily be traded above $14:

EMC Automates, Accelerates and Improves Compliance of Business Processes at York International
Thursday December 15, 10:26 am ET
Successful Implementation of Integrated EMC Documentum and Adobe Intelligent Document Platforms Earned York the InfoWorld 100 Award


HOPKINTON, Mass., Dec. 15 /PRNewswire/ -- EMC Corporation, the world leader in information management and storage, today announced that York International, a leading manufacturer of heating, ventilation, air- conditioning and refrigeration (HVAC&R) systems worldwide, deployed the EMC® Documentum® enterprise content management (ECM) platform with the Adobe Intelligent Document platform. The integrated solution has replaced inefficient paper workflows and ad hoc HTML forms applications for internal employee-related processes with automated, intelligent forms that ensure more consistent business processes worldwide and provide increased security and reliability to meet regulatory requirements. As a result, York has dramatically reduced time, costs and errors associated with the manual process of creating and tracking custom applications. The results achieved were recently recognized by InfoWorld, a leading IT publication, which honored York with its annual "InfoWorld 100 Award" as one of the best uses of technology to meet business goals.
 
Good news for LSI just out, LSI is undervalued here with target $10 in the short term.

Maxtor and LSI Logic Push SAS Adoption

December 15, 2005: Having completed compatibility testing of its Atlas Serial Attached SCSI (SAS) hard drive family with LSI Logic's SAS Host Bus Adapters, expanders, RAID controllers and ASIC initiators, Maxtor and LSI Logic have teamed up to drive SAS adoption.

The announcement comes a week after Maxtor and Adaptec declared their SAS partnership push.

Maxtor country manager for Australia and New Zealand, Edward Tien says that Maxtor and LSI Logic have worked on bringing fully tested SAS products to market so resellers can take advantage of the benefits of the serial architecture.

With hard drive connectivity for both SAS and SATA, Harry Mason, director of industry marketing, LSI Logic and president of the SCSI Trade Association says that the SAS architecture provides flexibility and scalability for tailored solutions.

Brian Garrett, an analyst at the Enterprise Strategy Group also indicates his enthusiasm for the SAS push. "As the follow-on to the mature and widely deployed parallel SCSI interface, SAS brings a number of benefits to the table that resellers can take advantage of in designing solutions," says Garrett. "SAS offers 3Gb interface speeds, full-duplex, dual-port disk drives, scalable bandwidth via wide ports and point-to-point connectivity for better fault isolation as well as simplified cabling and cooling, all while leveraging the SCSI command set to maintain compatibility with existing SCSI infrastructures."
 
SCS earning tomorrow morning. It announced 0.09 dividend today before the earning's call. Mean estimate is 14c. I am bullish on SCS's business due to office funiture market grows fast since 2003. Along with today's good news on "Factory Output Posts Strong Gain" shed light on this trend.

Let's revisit what analyst say about SCS:
Steelcase remains on track to meet analysts' share-net expectations for fiscal 2005 (ends February 28, 2006). The company continues to benefit from the strong demand in the office furniture arena. The improving fundamentals within the commercial furniture market are being driven by the steady growth in corporate profits and related capital expenditure. The company has continued to directly benefit from this upturn, as has been demonstrated by the solid year-to-year revenue and profit advances in recent months, which has been primarily driven by Steelcase's large corporate customers. Management notes that the North American segment (57% of revenues) remains the strongest contributor to revenue and profit enhancement. This is thanks mainly to solid results at the company's Turnstone subsidiary, which is outpacing the overall market in terms of year-over-year growth. Although the effects of recent hurricanes have created some challenges, alalysts believe the company has addressed these issues. The negative variances that have resulted from the devastating storms are not likely to have any material effect on earnings.

Analysts expect margins to continue to widen over the next few years. Steelcase's efforts to improve its cost structure are paying off. Plant consolidation and workforce reductions have supplemented revenue growth and enabled margins to expand considerably. Analysts expect this trend to continue, as management notes that the company remains committed to cost restraint. Recent list price adjustments should further bolster the top line, offsetting the high cost of raw materials. Indeed, analysts are looking for the operating margin to increase by as much as 440 basis points by the end of fiscal 2006.

Steelcase shares are timely. The stock's appreciation potential out to 2008-2010 is in line with the Value Line median. Strengthening demand, coupled with the company's solid brand recognition, should further enhance revenues. Too, analysts are optimistic that the company's efforts to maximize productivity are likely to improve efficiency and drive profits over the next 3 to 5 years. Income-oriented investors may find the dividend yield appealing.

IMO, Earning will be good and beat the expectation tomorrow, $1 jump is very possible
 
SCS good number on its earning and forcast: Steelcase 3Q Earnings Nearly Double
Friday December 16, 8:34 am ET
Steelcase Third-Quarter Earnings Nearly Double As Revenue Grows 11 Percent


GRAND RAPIDS, Mich. (AP) -- Steelcase Inc., the world's top office furniture maker, said Friday its third-quarter earnings nearly doubled as revenue climbed 11 percent.
Earnings grew to $19.1 million, or 13 cents per share, from $10.1 million, or 7 cents per share, last year. Revenue increased 11 percent to $750.7 million in the quarter ended Nov. 25, from $674.1 million a year earlier.
 
Steelcase posts higher quarterly profit
Friday December 16, 7:49 am ET


CHICAGO (Reuters) - Steelcase Inc. (NYSE:SCS - News), the world's largest office furniture maker, on Friday posted a higher quarterly profit on strong demand in North America.
Net income rose to $19.1 million, or 13 cents a share, compared with $10.1 million, or 7 cents a share, in the year earlier quarter.

Analysts had expected 14 cents a share, according to Reuters Estimates.

Revenue rose to $750.7 million from $674.1 million last year.

In September, Steelcase forecast third-quarter earnings in the range of 10 to 15 cents a share. It expected sales to rise about 8 percent to 12 percent from a year earlier.


According to an WSJ artcle, pension funds and mutual funds are looking for good investment, it mentioned SCS. Big money flow in soon.
 
HLTH Emdeon Raises 4Q View,Sees 06 EPS At Low-End Of Guidance, raise guidance beat the market consensus EPS.



12-16-05 09:11 AM EST
ELMWOOD PARK, N.J. -(Dow Jones)- Emdeon Corp. (HLTH) raised its fourth-quarter earnings guidance but reiterated that it expects 2006 revenue and earnings will be at the lower end of its prior forecast, due to weakness in the business services unit.

In a press release Friday, the health-care services company formerly known as WebMD said it expects income before taxes, noncash and other items for the fourth quarter will be about 1 cent to 2 cents higher than previously projected, primarily due to lower-than-anticipated compensation and benefit expenses.

Emdeon expects fourth-quarter earnings between 6 cents and 7 cents a share, including the loss of 1 cent a share from an outstanding tender offer. Excluding taxes and other times, the company expects earnings of 14 cents to 16 cents a share for the quarter.

On average, nine analysts polled by Thomson First Call expect fourth-quarter earnings of 13 cents a share.

Emdeon backed its fourth-quarter revenue projections of $320 million to $330 million, which brackets Wall Street's average estimate of $326.6 million.

In the year-ago quarter, the company earned $19.7 million, or 6 cents a share, on revenue of $307.6 million. Before items, earnings were 14 cents a share.

In premarket trading on Inet, Emdeon's shares were trading at $8.10, up 18 cents, or 2.3%, from Thursday's closing price of $7.92.

For 2006, Emdeon previously forecast earnings of $90 million to $105 million, or 24 share to 28 cents a share, on revenue of $1.36 billion to $1.41 billion. Excluding taxes and items, the company expects to earn 58 to 66 cents a share.

It reaffirmed that it expects earnings and revenue at the lower end of this guidance.

On average, analysts expect 2006 earnings of $225.8 million, or 60 cents a share, on revenue of $1.37 billion.

Emdeon also said that due to Chief Executive Kevin Cameron's health condition, the board will "actively engage" in succession planning for his position.

Cameron is expected to continue as chief executive until this process is complete, which should occur within the next three to four months, the company said.

Emdeon's former president, Tony G. Holcombe, resigned Dec. 2 to pursue other business opportunities. Holcombe also served as president of the business- services unit, which was to report directly to Cameron after Holcombe's departure.

When Holcombe's resignation was announced in a November release, Cameron said he was undergoing a series of treatments to better manage his health following " a serious health condition several years ago."

A company spokesman wasn't immediately available to give more detail on Cameron's condition, or how it would affect the business-services unit.
 
Balance my portfolio: Add three more stocks due to Valueline's upgrade their timeliness. NDN, MPS and FLE.
Out JDSU, GYMB, AIRT.

NDN totally undervalue, stock tanked from over $40 to <$10 due to its SEC filing delay. Buesiness still good and growing. If you like deep undevalued mid cap, this is it.

FLE another hurricane play, VR and mobile home demand increased tremendously recently. Like CHB, FLE is cheap now, with the strong demand in mobile home, its earning number will be several fold.

MPS IT resource consulting company. This industry is booming. Look at ACN, I made a lot from it. Now I am out ACN, but still don't wanna leave this sector. MPS is another pick that I am holding in the IT outsourcing sector.
 
Pay attention to SCS's CC at 11am EST. I bet they will boost its outlook and guidance. Institutional money is waiting for its guidance to jump in. SCS is the leader in business funiture industry, with global business recover, the demand side is huge.
 
Comment on CHB. Strong buy before it move up. My target is >$20.

According to Hoover's, Champion Enterprises is the number-two manufactured homebuilder in the United States (behind Clayton Homes), selling about 23,000 homes annually. The stock has enjoyed a very nice rally over the last eight months. Much of it was helped by the active hurricane season. The company was thought to be one beneficiary of the rebuilding efforts along the Gulf Coast. The stock has gained nearly 75 percent from its April 19 close of 8.40. On April 20 the company reported impressive first-quarter earnings and if was off to the races. The stock had significant moves higher in mid-July (second-quarter earnings) and in late August (Hurricane Katrina and its aftermath).

Today's big buy orders gives an obvious signal that institutional investors start coming in. Today' open we saw a very good trend all the way to $15 level. Why it down a lot after the early rally? Easy, typical MM's manipulation before large appreciation. MM use small sell orders to bash the stock price at the same time absorb using block larger buy orders. If you have level II and pay attention to the trading pattern, you can easily observe this trick. I bet something is brewing and news is shared among those big money. Maybe the news is the government's contract. I knew that the government is gonna assign contracts to those mobile home and factory home builders to rebuild the coast. That is why I bought FLE also yesterday. I bought more CHB shares just now for CHB's possible fly next week.

From both TA and FA, CHB is a good play.
 
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