LCD TV makers and Digital Music players are all the RAGE in this mini TECH RALLY

Hate it or love it, Tech has been coming back, and coming back strong. You can't deny the ominent prescense of Apple Computers (AAPL) (which just recieved an upgrade). I believe that AAPL is still a buy even at the $51 price range. AAPL will surely reach $60 by the time the X-Mas season arrives due to its new Ipod Nano, and its new music playing phone the ROKR (which it teamed up with Motorola to produce). Good things are coming to AAPL!

Apple Computers Inc. (AAPL) 3 month chart


Approach: You can buy a slice of AAPL now or how hope that it retraces a little once the news dies down. Still, any buy from high $48 and even at $50-51 is still good! Just don't wait and buy at $52 or higher!

Time Frame: AAPL is a really flexible stock that can played as both a trade and an investment depending on your patience and risk tolerance. I like to think of it as an Intermediate term- Long-term trade, rather than an investment. Oh well, thats just me.

Target: First target is $55.05. 2nd target is 58.43.



I really like Corning Inc, (GLW), I really do! Which is why I am so excited that it has recently hit its 52wk high of 20.95 and holding it pretty tightly. Looking at the chart and stock now, it is difficult to fathom that this stock used to trade at $100 a share not too long ago. The shorts had their fun driving the price down to nothing more than a few bucks. Now its the Long's turn to take an upside ride. I've had my eye on GLW since it was $10. So you must be wondering, "what happend? Has the company turned itself around?". Well yes, they have become more serious in their glass manufacturing division, which fortunatly makes the glass for LCD and Plasma Tvs! As a matter of fact, they have a 60% (according to the IBD) of the LCD panel glass market! So with lower prices for LCD TVs coming in before X-mas, you know what that means? Big money for GLW! I believe that now that the stock is holding 20, it is creating another buy point for those that are late to the party and for those that want to add more to their position!

Approach: You can buy at low to mid 20's, or wait for it to go lower if you wanna press your luck.

Time Frame: GLW is an intermediate- Long-term investment. There is a huge amount of future potential!

Target: I have to say, $23.55 for the 1st target. 2nd Target is $27.34 . 3rd target is $30.12


Corning Inc. (GLW) Now....














GLW (5 years ago)















Equally important in the LCD TV manufacturing industry is, Genesis Microchip (GNSS) which has been quietly moving up in the past few weeks without making too much noise! Even though the stock is trading in the $26 range, it still has a long way to go. Sales of LCD TV's will affect GNSS's stock price in a very favorable way. Thats because, true to its name (micochip), GNSS makes and provides integrated circuits (display controllers) for recieving and processing graphics and digital video. And you guessed it! Companies that make LCD TVs and other video components are the driving force for GNSS's acceleration.


Genesis MicroChip (GNSS) 3 month chart

Approach: You can buy GNSS now, or wait for another pull back. Notice how the stock is travelling parallel to the 50day MA. This shows a smooth upward transition without too many bumps in the road. I do believe a slight pull back to the high 25 dollar range is due. Nevertheless, GNSS is a buy in my book.

Time Frame: GNSS is a mid to long-term investment. I believe that after this holiday season, it will become not only a profitable company, but also a more widely recognized one as well.


Target: The first target is 28.45. 2nd Target is 31.12


The final few stocks that I will mention are Trident Micro Systems (TRID), Marvell Technology Group (MRVL), Diodes Incorporated (DIOD) and finally, Supertex Inc (SUPX).




TRID which trades on the Nasdaq at 35.76 (its 52wk hi is 37.17). If the stock falls a little more, snatch it up! TRID is also in the same business as GNSS, making the components for LCD TV's.

Trident Micro Systems (TRID) 3 month chart.

Approach: You can buy TRID now, since it is a little off its 52wk high, or you can hold off and buy it for low 35's, maybe even at 34.70.

Time Frame: I don't like TRID as a long term investment, so I believe you should hold it for a few months as an intermediate term trade.

Target: 1st target is breaking 37.50. 2nd target would be high 39's.


Marvell Technology Group (MRVL) truly is a "marvell". It is currently trading at 47.91 (its 52wk high, which it just hit yesterday (a little outdated on the date...it hit its 52wk high on 9/9) is 47.95). Without a doubt, MRVL is one of those rare stocks that you must own. It has wide exposure in the digital video, PC, and just about every other tech industry that demands their circuits and chips.

Marvell Technology Group (MRVL) 3 month Chart

Approach: You can buy MRVL now, or hope it falls to the low 47 range. I believe that it has the momentum to keep going up more before it stops for a rest. It is up to you when you plan on purchasing it.

Time Frame: MRVL is a mid to long-term investment. I say hold it for at least a year.

Target: 1st target is a break into the $50.10 range. 2nd target is 53.32.


Diodes Incorporated (DIOD) and Supertex Inc (SUPX) are both great stocks as well. SUPX makes and designs mixed signal integrated circuits for internet equipment as well as some components for LCD TVs. It is currently trading at 30.02 and very close to its 52wk high of 30.50.

DIOD is in the business of manufacturing, distributing and selling semiconducter equipment to a variety of industries including, automotive, electronics and communications markets. It is currently trading at 38.75 and it also hit its 52wk high on 9/9 (which was 39.35).

Regardless of which Tech stocks you buy, I want you to do your own research and looking around. These are the ones that I like and found interesting. Of course, you can't buy all of them (or maybe if you are a baller, you can) but at least pick one or two and keep and eye on the others. I really like GLW, AAPL, GNSS, and MRVL the most. Don't get me wrong, the other ones mentioned are great buys as well, otherwise, I wouldn't have wasted my time mentioning them. Take Care! Oh and have fun trading and investing!

- Nick M H