Cashmaker's hot stocks and trading

[cashmaker]

FLEX MM absorbing

FLEX MM absorbing

ACN nice move here, remember i said that MM bashed it at the beginning of this week in order to absorb it at low price. Typical MM action, however, three big contracts this week won't let MM to bash it. Now ACN head to a higher price.

Same story for FLEX here, only difference is FLEX does not have solid contracts or big good news. MM bashed it for a lot time. Their mean target is $16 for FLEX by the end of 2005. If you are MM what do you want to do before you buy? If you still not holding FLEX, it is a golden opportunity to absorb it at lower than $13 level.

[cashmaker]

Called VRX three weeks ago, new high today. Target $23

Called VRX three weeks ago, new high today. Target $23

[canaveraldan]

Good day for ACN

4% gain today. So good so far. Good call Cash.

[Websman]

Great job Cash. you wanna go grab a beer with me?

[cashmaker]

Three Picks In Information Technology by UBS.

Three Picks In Information Technology by UBS.

UBS said it favors information-technology companies with exposure to discretionary spending. "We continue to believe consulting [and] systems integration spending trends are ahead of investor sentiment," UBS said.

The research firm's top picks in the IT sector are Accenture (nyse: ACN - news - people ), BearingPoint (nyse: BE - news - people ) and Cognizant Technology Solutions (nasdaq: CTSH - news - people ). UBS said it also remains positive on Sapient (nasdaq: SAPE - news - people ).

Outsourcing remains a steady grower, according to UBS. "We believe modestly improving processing trends are already reflected in most stocks, and we see the government IT stocks as fairly valued," the research firm said.

ACN Target $30 short term. Last week we saw $26.5 already.

http://www.forbes.com/markets/2005/09/19/information-technology-picks-0919markets19.html?partner=yahootix

[cashmaker]

Out half RHAT here, reenter < @$14 one month ago, I call it here when it was $14.5.

Out half RHAT here, reenter < @$14 one month ago, I call it here when it was $14.5. Holding my MOT and VRX, both solid company. MOT's RAZR is very popular in the market, just like IPOT NANO. VRX my target rang $23-$25.

FLEX formed a double bottom recently with large volume, from TA analysis, it is a good entry point. FLEX with NORTEL deal will generate 2Billion revenue by 2006.

http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh10430_2005-09-19_17-21-21_n19647502_newsml

LAZ I will hold it above $27. Definately a solid company utilize the M&A booming business.

ACN not need to mention it again, target$30, called it here @23.6

[cashmaker]

FLEX targets of $17 and $36 by the research firm.

FLEX targets of $17 and $36 by the research firm.

The research firm's top EMS sector picks, rated at "buy," are Flextronics International (nasdaq: FLEX - news - people ) and Benchmark Electronics, with respective price targets of $17 and $36. Its least favorite pick is Solectron (nyse: SLR - news - people ), rated at "neutral" with a $4 price target.

http://www.forbes.com/markets/2005/09/21/ems-earnings-semiconductors-0921markets09.html?partner=yahootix

Dongbu Selects Accenture to Implement New Financial Management System

SEOUL, South Korea - (BUSINESS WIRE) - Sept. 21, 2005 - Accenture (NYSE: ACN) has been selected to help Dongbu Insurance, Korea's second-largest non-life insurer, enhance its accounting and financial management operation to improve operational efficiencies and increase financial data transparency.

It is a good time to buy today as the market in big red.

[cashmaker]

Spanish Savings Bank Caixa Catalunya Selects SAP and Accenture to Help Meet Basel II

Spanish Savings Bank Caixa Catalunya Selects SAP and Accenture to Help Meet Basel II Requirements Contract is First by Spanish Bank to Implement Standard Software Technology to Comply with Revised Capital Standards

A lot of contracts going on for Accenture. This is the fifth contracts within 3 weeks.

MM start to purchase heavily since last friday. Watch it this week. One week ago , it up $1 a day to $26.5. The average target on ACN is $30.

More good news:

ACCENTURE TO HOLD TECHNOLOGY EVENT IN BANGALORE

181 words
22 September 2005
Asia Pulse
English
(c) 2005 Asia Pulse Pte Limited

BANGALORE, Sept 22 Asia Pulse- Global management consulting, technology services and outsourcing company Accenture would hold `Shaping the Future Forum 2005', a day-long technology event, featuring learning sessions on Enterprise Service Architecture and SAP NetWeaver here on Saturday

[cashmaker]

Good news for LAZ, out just now

Good news for LAZ, out just now

Leading Investment Banker Riccardo Pavoncelli to Join Lazard for Cross-Border Deals
Monday September 26, 12:41 pm ET


LONDON--(BUSINESS WIRE)--Sept. 26, 2005--Lazard announced today that Riccardo Pavoncelli, one of Europe's leading investment bankers, is joining the firm in October to focus on European cross-border investment banking.

I am looking forward to LAZ's 3Q earning, which usually the best in the year.Holding tight my position.

[cashmaker]

ACN touch its 50MA, will see Relative Strength. MM want to keep its price low to abso

ACN touch its 50MA, will see Relative Strength. MM want to keep its price low to absorb it. But they can not bash it down since so many good news for ACN recently. Will see much higher soon, now it is a good time to buy at its 50MA.

[cashmaker]

LAZ has new contract with No1 underwriter Bear Stearns

LAZ has new contract with No1 underwriter Bear Stearns

Bear Stearns & Co. (BSC.N: Quote, Profile, Research) said on Tuesday it has hired David Braunschvig, formerly managing director at Lazard Ltd. (LAZ.N: Quote, Profile, Research) in New York, as a senior managing director in its investment banking group.

http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh87722_2005-09-27_20-59-26_n27244814_newsml

Also LAZ adding Morgan Stanley banker Pavoncelli

Lazard Ltd. (LAZ.N: Quote, Profile, Research) , the global mergers advisory firm, on Monday said veteran Morgan Stanley (MWD.N: Quote, Profile, Research) investment banker Riccardo Pavoncelli will join the firm next month to focus on European cross-border transactions.

Summer usually is the best season for banking and M&A deal, see how many merge deal we have these days. LAZ's 3Q earning will be this Nov. Target $27 by three major analyst firms.

[cashmaker]

Sold all my MOT position and bought 1k more LAZ today at 24.06, with sveral big good

Sold all my MOT position and bought 1k more LAZ today at 24.06, with sveral big good news this week with Morgan Standly and Bear Stearn, MM are absorbing the shares quitely. From level II i can observed several big buy order done this morning. LAZ will start to jump at @24 level. Hold tight my LAZ shares, won't sell it under $27

[cashmaker]

Out the rest of shares of RHAT @21.5. Out the first half above $17. Call RHAT in July

Out the rest of shares of RHAT @21.5. Out the first half above $17. Call RHAT in July under $13. 65% return within 3 months. A big win in my portfolio. Now RHAT is not for short, but it is too high from a TA perspective. Remember RHAT is the number one in Unix server.

Watch ACN on OCT 5, Earning will be impressive and beat the expectation. Holding my shares tight here.

[cashmaker]

Short some RHAT shares this morning, overdone

Short some RHAT shares this morning, overdone.But will buy back to cover intraday, just some quick money.

[cashmaker]

Great news before ACN earning on this Wednesday. If the earning is good, will jump at

Great news before ACN earning on this Wednesday. If the earning is good, will jump at least $2 to $28 level, the low end target is $30 by S&P and First Call

Frankfurter Allgemeine Zeitung: Accenture growing strongly in Germany (Accenture plant auch nachstes Jahr tausend Neueinstellungen).

198 words
30 September 2005
Frankfurter Allgemeine Zeitung
18
English
The Financial Times Limited. European Intelligence Wire. All material subject to copyright. Frankfurter Allgemeine Zeitung © 2005 All rights reserved.

Management and IT consulting group Accenture, which is headquartered in the US, has achieved strong growth in Germany. In the first three quarters of the financial year 2004/05, which ended in August, turnover in Germany increased by 18 per cent to $544m. Growth in Germany was therefore stronger than the group as a whole and stronger than the market. Alongside the US and Japan, Germany is one of the driving forces of growth within Accenture.

The consulting group said that the situation had improved in Germany, with customers now wishing to make the best use of their IT systems to increase turnover, rather than just looking to cut costs. In the last three quarters, Accenture said that it had taken on around 700 new employees in Germany and was confident that it would reach its target of employing of around 1,000 new staff by the end of the year. The company declined to comment on growth targets for next year, but said that it hoped to take on a further 1,000 staff in Germany.

Abstracted from Frankfurter Allgemeine Zeitung