LENS - A Stenz Pick

[stenzrob]

http://www.businessweek.com/magazine/content/03_48/b3860118_mz027.htm

[stenzrob]

Roth Capital still pumping LENS - InPlay note this morning:

9:30AM Roth reits Buy on Concord Camera (LENS) 11.40 +0.04: Roth Capital reiterates their Buy rating and $14 target, saying their channel checks reveal that LENS's digital cameras have penetrated into Best Buy for the first time, greatly expanding the co's footprint in the consumer electronics channel; firm also believes that the addition of Best Buy could accelerate LENS's expansion into the consumer electronics channel, particularly given Best Buy's high profile position in the sector.

This stock will pay off for me, just behind schedule.

[mrmarket]

Roth Capital still pumping LENS - InPlay note this morning:

9:30AM Roth reits Buy on Concord Camera (LENS) 11.40 +0.04: Roth Capital reiterates their Buy rating and $14 target, saying their channel checks reveal that LENS's digital cameras have penetrated into Best Buy for the first time, greatly expanding the co's footprint in the consumer electronics channel; firm also believes that the addition of Best Buy could accelerate LENS's expansion into the consumer electronics channel, particularly given Best Buy's high profile position in the sector.

This stock will pay off for me, just behind schedule.

It looks good to me too, although I'm getting mighty thirsty...lol.

[stenzrob]

It looks good to me too, although I'm getting mighty thirsty...lol.

LOL is right! How about Saturday 12/6, about 8pm?

[mrmarket]

It looks good to me too, although I'm getting mighty thirsty...lol.

LOL is right! How about Saturday 12/6, about 8pm?

I'm sure I have some wrestling match, basketball game or some sort of thing I need to be at. Maybe in 10 years I can actually take you up on it....but seriously, if you're in the neighborhood, give me a jingle.

[Mi6op]

More good news that Concord picked up Best Buy as a distributor.

I read a good post on yahoo's message board for lens where a guy noted that the big wigs at LENS probably downplayed their projections so that the weak at heart would dump their stock, letting them buy in at $10-$11 so they could make an easy profit when it soars on the good news they probably expected in Q4 and beyond.

[Mi6op]

What camera brands does Concord make? Does it just use its own name? I saw they licensed Polaroid sometimes, but what else.

[stocks54]

What's going on

I though with the increase is sale for LENS as indicated in the message board it should be climbing up.. but after hour indicates it at 11.23? Am I missing something???

[Mi6op]

I think it is profit taking from this recent run up from $10 in early November. From what I hear and see this might be a good time for people who think they missed the boat to jump in and accumulate more.

[Michaelk005]

Bought Lens at 11.70 today, good buy time with its latest dip, think it will hit 15 - $16 by end of month.

[Michaelk005]

Any thoughts on the low volume the last couple of days. seems to be hovering around 11.30$?

[stenzrob]

Nope. No comments on that. It usually takes several months for a stock to recover from the kind of hit it took after the last report, whether it was due to a misunderstading or not. I'm willing to be patient with it.

[Mi6op]

Just Read this on LENS's Yahoo Message Board:

"Bloomberg just reported an internal memo from Concord (LENS) that talks about how Dell Computer and Concord Camera/LENS are about to announce a New Years sales promotion to run from Jan. 5th to Jan. 23rd in which Dell will be purchasing 12,000 of Concord's Eye-Q 334OZ 3.1 megapixel camera as a bundle promo to computer purchases from Dell made during that period. It talks about a purchase order from Dell to Concord in the range of $1.4 million for the bulk of the cameras to purchaed up front with no risk to Concord of any being returned to Concord for credit due to any unsold. "


Don't know if this is true or not but it's good to know, I'm mulling buying more shares. I'm in at 10.08 but am unsure.

[stenzrob]

Since LENS had projected sales for the quarter of $70 to $75 million, it's hard for me to get excited about a DELL deal for $1.2 million that's probably at a lower margin to LENS than normal. Still interesting, good PR and all, but financially, machst nicht.

[Mi6op]

All Concords Cameras

I don't know how many of you have seen what Concord makes and what the cameras look like. But yahoo has a nice shopping section w/ pictures and details. I searched for all Concord Models and here they are:

http://advanced.search.shopping.yahoo.com/shop/cdigicamera/__yltc=s:41258662,d:41258662,sec:finder,slk:search?y=m&manufacturer=Concord+Camera&megapixels_from=&megapixels_to=&opticalzoom_from=&opticalzoom_to=&recordingmethod=&installedmemory_from=&installedmemory_to=&minprice_from=&minprice_to=&keyword=