Monday, January 08, 2007

Sandisk and Crocs come out swinging

Today is the first day of CES and someone must have liked what they saw and heard from Sandisk. The stock went as high as $45.15 today and finished up nicely at $44.30. Sandisk introduced several new products that should help the bottom line this year. If you didn’t see any of the press announcements on the new products you can get caught up by visiting SNDK’s pressroom. After watching today’s action and hearing all about the new stuff I am glad I found a little more patience when I was ready to throw in the towel. I am not getting too excited right now and still have fingers crossed with earnings right around the corner.

Crocs had a good showing today also. They finished up 2.56% at $44.80. Someone must think they are going to say some really good thinks at the big investor conference that is starting on Wednesday. You have so many people talking fad and one trick pony with this stock. If their new line up of shoes starts doing well then I feel this stock could make me some real money. I am looking forward to what is said on Wednesday, although with earnings right around the corner I don’t feel they will be giving away any secrets.

All in all it does my mood good when both of these stocks start the week off strong.

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