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Message Boards Settings Anaren Microwave, Inc. (ANEN) - Quote Info
Recent price weakness seems undeserving after webcast and usualmanagement UPOD.     16-Aug-09 10:41 am    
I thought the webcast suggested several opportunites of substantial growth in the near term.B52 radar,tactical fighter,China's continual infrastructure build out,and Unicircuits boards.

Of course if you've ever invested in a defense stock granularity in revenue is a concept you've learned to love/hate depending on the quarter.It is unavoidable - if you doubt it look at any government program I.E. Cash for Clunkers all those car deals and no money being paid.

Mgt. knows and acknowledges this - the best solution is being acquisitive and having a multitude of projects which do actually smooth out revenue bumps.

They make a great point about having the cash to buy more stock if price gets crazy - past performance shows 10 to be a bottom.

Chart on a weekly time frame suggests a cup has been formed and we are in a handle now.Usual handle is 10% - 15% over 6-7 weeks.

This fits nicely with past resisitance that may well now provide support at 14.80 ish April of 08.

http://stockcharts.com/h-sc/ui?s=ANEN&p=...

I believe this stock will benefit from a solid core business now bolstered by 2 acquisitions that are proving to be accretive quite nicely in a relative short time period.

Management is to be given credit and some more time to prove out their expenditures.

This is a good time to add to one's holding in steps down.

I'm hoping for support just at or a bit below 15 and will gladly add to all the way down to 10 ish - if we are so lucky to see it - I don't think there are strong chances of that however.


Sentiment : Strong Buy
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rbfurman@sb...

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Anaren Inc. (ANEN)

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On Nov 25: 14.06 Down 0.20 (1.40%)
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