Netscout systems

[steelman]

I just came across NTCT in a search. I was looking for top performing industries over the last 6 weeks and computer networks came up in the top 5 right behind gold and silver. NTCT just went above it's 30 day MA, stochiastic and MACD just went positve in the last 2 days. Looks like there is some momentum with some institutional money slowly coming in. Anyone care to take a look and weigh in?

Thanks,
Steel

[billyjoe]

Steel,

Vectorvest says it is way undervalued but somewhat risky. Great earnings, but sales are down. They rate it a "hold". Technicals seem to indicate it is close to being a "buy". They have a stop of 12.41 on it. At some point especially with today's performance it will convert to a buy but they don't tell us exactly what triggers the upgrade. Barchart has it at 12.56 support, 13.16 resistance so it's close to breaking that. Maybe tomorrow.

------------------billy

[steelman]

Steel,

Vectorvest says it is way undervalued but somewhat risky. Great earnings, but sales are down. They rate it a "hold". Technicals seem to indicate it is close to being a "buy". They have a stop of 12.41 on it. At some point especially with today's performance it will convert to a buy but they don't tell us exactly what triggers the upgrade. Barchart has it at 12.56 support, 13.16 resistance so it's close to breaking that. Maybe tomorrow.

------------------billy

Thanks Billy. I might take a shot at it!?!? If we can have day or 2 up, I think it will do ok.

[steelman]

Increasing volume on Friday, over 500,000 shares. On September 23, 2009 there were 4,500,000 shares traded and it NTCT closed higher. NTCT is up 14% since 12/15/09. I bought in last week at $12.82 and looking for $15. Good luck everyone!

[steelman]

Steel,

Vectorvest says it is way undervalued but somewhat risky. Great earnings, but sales are down. They rate it a "hold". Technicals seem to indicate it is close to being a "buy". They have a stop of 12.41 on it. At some point especially with today's performance it will convert to a buy but they don't tell us exactly what triggers the upgrade. Barchart has it at 12.56 support, 13.16 resistance so it's close to breaking that. Maybe tomorrow.

------------------billy

Billy,
It broke the resistance of $13.16 about a week ago. It opened at $15 today.