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EMC Product Announcement shows several new technology and new products. EMC will be the "Intel" in data storage.

01-26-06 | 08:04 AM CST EMC New Rainfinity Global File Virtualization Capabilities Simplify NAS Management

01-26-06 | 08:03 AM CST EMC New EMC Centera Features Deliver Advanced Retention Management Capabilities

01-26-06 | 08:02 AM CST EMC New EMC IP Storage Software Delivers Unmatched Performance and Ease of Use

01-26-06 | 08:01 AM CST EMC EMC Delivers World's Fastest, Most Flexible and Scalable Storage Array

01-26-06 | 08:00 AM CST EMC EMC Unveils New Storage and Virtualization Technologies that Extend Benefits of ILM
 
TUES has strong support at $22 from yesterday.
Spring is the best season for TUES since most retailer of upscale home furnishings, gifts, and related items clear their inventory. TUES'stores are open only during periodic sales events and Spring is the most flourish time. More important TUES is a good buy is it has almost none downside risk at this level since $20-21 is the lowest price ever. With all analysts report holding a mean target $27-28, the upside appreciation is very likely. From TA perspective, TUES is a perfect rebounce play. I am holding my shares tight and not for sale under $27
 
PULSE: Moody's may upgrade Steelcase (SCS) ratings, affirms Ba1 ratings



01-26-06 03:00 PM EST

SAN FRANCISCO (MarketWatch) -- Moody's Investors Service on Thursday raised the outlook on office furniture maker Steelcase Inc.'s (SCS) ratings to positive from stable and affirmed its Ba1 long-term senior unsecured ratings. The outlook, said Moody's, in part reflects the prospect for continued strong operating performance associated with robust demand trends in the contract furnishings market, positive momentum in restructuring the company's asset and employee base, and significant free cash flow generation relative to total debt. Moody's said it expects Steelcase to continue to improve margins through further consolidation of its production footprint, and believes related short-term economic costs are necessary to better secure the company's long-term positioning and competitiveness.
 
First Call Recommendations TUES, mean consensus recommendation: BUY

Current 30 Days Prior 60 Days Prior90 Days Prior 120 days
Strong Buy 5 5 7 5
Buy 1 3 3 5
Hold 9 7 4 5
Strong Sell 0 0 1 0
Sell 0 0 0 0
Total 15 15 15 15
Mean Buy Buy Buy Buy
 
If you take a look at all the available analysts research, 99% of them are optimistics on TUES with Buy or Strong Buy recommend and point out that TUES is undervalued at its cheapest level $20. The reason I like TUES just because it is a safe play with large appreciation opportunity. what can be better than this? Here is Zack's statistics with even higher target:

Zacks Rank 5
Target Price Consensus 28.31
Last Quarter (200509) EPS .2
Last Quarter EPS Surprise 0%
Avg. Broker Recommendation
(1 = strong buy) 2.07
 
New-Home Sales Hit All-Time High in 2005,Champion (CHB) stock is a top selection for year-ahead relative price action. The company seems on track to post a significant rebound in share earnings this year with double-digit growth thereafter.

CHB will announce its earning on Feb 10 with market expectation .12/share. CHB definately will beat the expectation by at least 4 cents with 0.52 in 2005 full year. CHB is a good buy from both TA and FA. Still cheap here, I am aiming it for around $17 by Apr.
 
Short AIN for its lower guidance and shrink profit growth and trouble in paper business. Also if you want to hedge the market downside next week with possible sell off, AIN is a good short target. From TA, it is on a downtrend and next support point is around $33.

Here is the reason why is been downgraded:

"Albany International looks as though it has run into some problems. Despite indications of solid top-line growth, the company recently warned that earnings would likely be $0.36 a share in the fourth quarter (results were not released until this report went to press), $0.02 off the year-ago's pace and roughly half our previous expectation. The company continues to struggle with the high costs of raw materials, particularly resin, which is the main component in paper machine clothing (PMC), the material that carries paper through the paper-making process. PMC makes up more than three quarters of AIN's top line, making resin prices an extremely important determinant in profitability. Pricing pressures overseas were also cited as a detractor as were expenses associated with recent restructuring efforts. Accordingly, we've lowered our full-year 2005 earnings estimate by $0.40, to $2.20 a share.

However, we think the company is well prepared for the challenge. Albany has undergone major restructuring in the past few years, lowering its cost structure to be more in line with weaker demand. The most recent initiative was completed in 2004, and included the closure of four facilities and the elimination of 600 employees. Theses efforts should result in $40 million in annual savings. Meanwhile, Albany has announced that it will be opening its wallet and increasing its capital spending to $70 million to $80 million this year (almost double 2005's expected total). We suspect that a bulk of the money will be used to strengthen its Applied Technologies business, which produces materials and insulation for a wide array of goods from clothing to home furnishing. The increased penetration in these markets is a wise move in our opinion, given the softness we anticipate in the paper industry. Also, we would not be surprised if Albany utilized market weakness to venture into the acquisition market. Its financial flexibility (the company recently cleared more than $75 million in debt off its balance sheet) and strong cash flow make it a probable buyer.

Still, Albany holds little appeal at this time."
 
Load more TUES at the end, aiming for next week rally. Three days closing at almost even and especially today has low volume. With all the upgrade from analysts this week, will see much more momo next week. Usually there is one to two weeks lag after analysts upgrade reports since investors need time to digest it. Liket RNAI i called at $3 when the analysts reports optimistic sentiment. TUES will be the same. Load more here.
 
AIN manufactures papermaking supplies, engineered fabrics, paper machine clothing. Think about the paper industry for a second. What do you think about the demand of paper in the future. Take a look at the IRS requirement this year, all the public traded firms must file eletronic file, no paper anymore. Also all the banks are encourage people to use paperless. Also all the universities restrict the printing papers, and more. That is the problem that AIN is facing now: shrink demand side. Also AIN runing the trouble in the high cost and increasing Inventories. AIN's annual Net Income is shrinking by a large percentage, meanwhile Inventory keep growing. Also recently AIN lower its guidence for 2006. Alfter that, analysts downgraded AIN by two level from neutral to strong sell which is unusual. All these together will give us a decision, short sell it. I believe when the market goes down, these kind of fundemental problem companies will get the biggest hit since they are good short target. How about the upside, of course, when market in green, since companies have fundemental problem, the upside is little.
 
Short more shares of AIN, serious problem company with higher cost and shrink demand. From chart, it has down trend channel from its $40 level. This stock running a trouble in its business, by looking at its balance sheet, its inventory keep going up and cash keep shrinking. Net income shrinks by a even further percentage. Also compared to 2004 $60,023, 2005 generate negative ($19,840). None of those keep ratios satisfy me. I bet this stock is overvalued.

One big problem that analysts concern is:

"The company continues to struggle with the high costs of raw materials, particularly resin, which is the main component in paper machine clothing (PMC), the material that carries paper through the paper-making process. "
 
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