Wednesday, July 25, 2007

Letting It Ride on Form Factor

Okay, I have decided to hold the Form Factor (FORM) shares through its earnings. It's a position that I will have to sell anyway as escrow close is approaching fast, and ultimately, the position isn't large enough to impact anything. So, let's gamble.

*** Edit #1 ***

Looks like FORM came in well ahead of analyst estimates at 0.38 EPS. The high estimate was 0.36 and the consensus mean at 0.34. Additionally, the top line also looks good at $114MM. Barring negative guidance, I should be able to find a nice selling point in tomorrow's market.

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