Cashmaker's hot stocks and trading

[cashmaker]

ACN report

ACN report

http://biz.yahoo.com/fool/050719/112179072914.html?.v=1

Pay attention to PAYX, RECN, RHI recent jump on the global outsourcing business expansion. ACN is one of the largest outsourcing services firms in US, this stock will follow the sector trend. My target is $30 for this one.

[cashmaker]

NGPS almost $34, REGN $9.8, I call REGN $8.9 two weeks ago. Now FLEX July 26 earning,

NGPS almost $34, REGN $9.8, I call REGN $8.9 two weeks ago. Now FLEX July 26 earning, the valueline estimate beat the market consensus, I bet FLEX's earning will beat the expectation. Target $20

[cashmaker]

OS is on fire, still holding from < $17 my call. Sold all SCHN already. REGN like I s

OS is on fire, still holding from < $17 my call. Sold all SCHN already. REGN like I said, best Biotech stock this year with strong finanical background with new drugs and research coming in, not like other biotech which are too speculative. FLEX will jump more on July 26th earning. ACN hold until $30 target. LAZ definately a buy here, compare to BOA and JPMorgan's target $27, there are still upper space.

[cashmaker]

Accenture: Enmax-related jobs moving out of city

Accenture: Enmax-related jobs moving out of city

Jason Fekete
July 20th 2005
Calgary Herald
Calgary Herald
Final
Copyright ?2005 Calgary Herald

More than 60 Enmax-related jobs in Calgary will be lost as Accenture Inc., the global firm that runs the utility's billing operations, relocates employees to some of its larger business hubs, including Manila.

Accenture announced the move on Tuesday, saying 64 Calgary employees will be affected by the move, including 34 workers represented by the Canadian Union of Public Employees.

"We are consolidating our business service technology operations in Calgary to our largest delivery centres to increase operational efficiency and lower (costs)," said Sarah Thompson, spokeswoman for Accenture Canada in Toronto.

"We are transitioning positions to Toronto and other areas of our global delivery network."

The transition begins in August, with a completion date of next April 30, Thompson said, noting that some of the jobs will go to Manila in the Philippines, the company's "oldest and most operational" site in its global delivery network.

Enmax signed a 10-year deal in 2003 that saw customer service functions, and approximately 320 employees from the city-owned utility, outsourced to Accenture, the world's largest technology and business consultant.

Peter Marsden, head of CUPE Local 38, said the lost jobs are a broken promise to keep the outsourced employees in Calgary.

"We're not getting the tax base and the income base from jobs that rightfully belong to Calgary," Marsden said. "I feel sorry for the people affected by this move."

[cashmaker]

Big news for FLEX after hour:

Big news for FLEX after hour:

http://www.forbes.com/markets/2005/07/21/ems-nokia-ericsson-0721markets17.html?partner=yahootix

Credit Suisse First Boston said strong second-quarter results from Ericsson (nasdaq: ERICY - news - people ) and Nokia (nyse: NOK - news - people ) are a positive for Flextronics International (nasdaq: FLEX - news - people )

Valueline gives higher than market expectation earning for 2Q. And Target $25 to $30 in the 2008. My target is $20 in the short term.

[IIC]

Hey Cash...I was one of the many who lost on NGPS...but not very much on a D/T...But I will commend you for an EXCELLENT call...IIC

[cashmaker]

FLEX Q1 earning tomorrow, first call estimate 0.16. S&amp;P report is 4 stars with a targ

FLEX Q1 earning tomorrow, first call estimate 0.16. S&P report is 4 stars with a target $30. Morningstar gives a 4 stars with a fair value $30 and with selling suggestion @ $37. Valueline give out stronger than market consensus Q1 which is 22 cents. Pay attention tomorrow. My target is still $30 in the next several months.

[cashmaker]

correction for flex

correction for flex

FLEX Q1 earning tomorrow, first call estimate 0.16. S&P report is 4 stars with a target $16. Morningstar gives a 4 stars with a target $16 and with selling suggestion @ $15.7. Valueline give out stronger than market consensus Q1 which is 22 cents. Pay attention tomorrow. My target is still $16 in the next several months.

[cashmaker]

UAW hires Lazard to comb GM books

UAW hires Lazard to comb GM books

JOSEPH B. WHITE AND LEE HAWKINS JR.
Wall Street Journal
The Globe and Mail
All material copyright Bell Globemedia Publishing Inc. or its licensors. All rights reserved.

DETROIT -- Under pressure from General Motors Corp. to make significant health care benefits concessions, the United Auto Workers union said it has hired investment bank Lazard Ltd., the New York law firm Cleary Gottlieb Steen & Hamilton LLP and Leon Potok & Co. as part of a team that will conduct an analysis of GM's finances.

A UAW spokesman said the team of financial advisers, which also includes Milliman Inc., a Washington, D.C., actuarial consulting firm, and legal and financial staff members employed by the UAW, already has been gathering information on GM's condition. “We have not set a deadline,” UAW spokesman Paul Krell said. “We are going to do this thoroughly. That's not to suggest there's any foot-dragging here.”

UAW President Ron Gettelfinger said in an interview with The Wall Street Journal in June that the UAW would hire outside advisers to examine GM's finances and management claims that the company needed substantial concessions to reduce health care costs before the expiration of the current master contract in the fall of 2007.

Lazard and Cleary declined to comment. A Milliman spokesman confirmed that Milliman will be conducting an actuarial analysis relative to GM's health care costs but didn't elaborate.

Local UAW leaders have said the company wants concessions that would save $1-billion (U.S.) a year in health care outlays and cut GM's liability for future retiree health care costs by as much as $20-billion.

[dmk112]

Cash, still in NGPS? Nice pop today

[cashmaker]

TA channel analysis shows LAZ touch its techincal rebounce level

TA channel analysis shows LAZ touch its techincal rebounce level
, it should be rebounce from here 23.8. Still hold my $26.5 target for LAZ in the next couple of month.

[cashmaker]

Holding partial of my original shares, sold some $30

Cash, still in NGPS? Nice pop today

Holding partial of my original shares, sold some $30

[cashmaker]

HLTH pop, add some LAZ @ 23.6 level, due to bank sector down today, LAZ down 2% with

HLTH pop, add some LAZ @ 23.6 level, due to bank sector down today, LAZ down 2% with no bad news. Market overreaction. I add more shares on LAZ.

[cashmaker]

FLEX beat the expectation both EPS and Revenue. Although net income falls, it is due

FLEX beat the expectation both EPS and Revenue. Although net income falls, it is due to restruction one time charge. Expanding business and reducing cost by switch plants to CHina and India. Strong buy at this level, Morningstar and valueline target $16 this year.

http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh96407_2005-07-26_20-35-11_n26184808_newsml

[div_arb]

Too bad about FLEX

I was stopped out at $13.80 yesterday and took a small loss. Was hoping for something big. Looks like the quarter was a little weak, and people are getting upset about the one time charges. Flat revenue growth during a strong phase of the business cycle tells me that FLEX had a pretty weak quarter at best. They should have done better.

Well, at least I was disciplined and got out at my stop - looks like FLEX is down to $13.40 in aHr.