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Friday, October 30, 2009

Pick up NVTL on today's sell-off



Cautious guidance brought in the sellers this morning.

NVTL thought some of the demand of MiFi in the latest quarter was inventory stacking.

They ended the quarter with $5.55 a share in cash.

So you can buy it for $4 net of cash.

2 comments :

Anonymous said...

What would be your target on this and is this a play heading into year end?

Palmoni said...

I think so--The people that use it love it.

It should pick up at least three points--which isn't much--its almost down that today!