July 12, 2011

INFOSYS TECHNOLOGIES LIMITED (INFY) SYMPATHY PLAYS

Infosys Technologies Limited (INFY) is trading down about 6% on earnings. Earnings for the last quarter were good for Infosys. Projections for the September quarter for Infosys are for earnings of $0.67 to $0.68 compared to consensus of $0.71.

Infosys has 133,000 employees. Given the size of Infosys, its competitors are not likely to escape the coming slow down. Two prime candidates to take advantage of the knowledge gained from Infosys’s earnings are Cognizant Technology Solutions (CTSH) and Wipro (WIT).

We will provide actionable signals in the Real Time Feed of the ZYX Buy Change Alert or the ZYX Short Sell Change Alert.… Please click here or the title below to read more.

July 12, 2011

MICROCHIP (MCHP) TERRIBLE EARNINGS

Microchip (MCHP) reported earnings after the close yesterday. Earnings for Microchip were truly terrible.

This morning the Wall Street brokers are downgrading Microchip en masse.

Microchip notes that consumer business was soft. Our research shows that Microchip derives about one-third of its business from consumer oriented products.

As of this writing, Microchip is down 14%. If Microchip dips further and our leading economic indicators start turning, we will provide an actionable signal in the Real Time Feed of the ZYX Buy Change Alert.… Please click here or the title below to read more.

July 12, 2011