::  posted 03/07/07: 3: 00 pm  ::   

▼ NOTE:  Comments from today's 'Stop Trading!' segment on CNBC:   ▼
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On Take Two Interactive (TTWO)...
I'm buying TTWO... You have to hold your nose... You have to close your eyes... Buy what is clearly the most poorly managed company in America, and it's going to go up.  TTWO's got a 35% short position. Steve Cohen wants to take the company over, along with Oppenheimer Funds and DE Shaw... They've got 46% of the company.  46+35... look out above... I thought this company should have been shut down by the feds, a la Enron and Worldcom but, you know what?  They don't like to do that anymore, because that looks bad... I feel horrible for the shorts... but Steve Cohen's going to bust that.  He's always acted independently and he's really good. 

On Joy Global (JOYG)...
I think the mining sector's overdone to the downside.  This company generates a lot of cash.  They did miss the last quarter...

On UnderArmour (UA)...
The incredible decline in the (marketing) expenditures for Adidas (ADDYY.PK) and Reebok... That is leaving wide open a berth in almost every Dick's Sporting Goods (DKS), and everybody else, for UA to move in... It's the collapse of Reebok that will let UA - which has been barely hit in the selloff... I think UA is going into the $50s... The Plank family is right.  I actually think that that company is superbly managed.  You know that I think that.  And that company's going to be the gain.  Reebok's the loser, now owned by Adidas.  

On Ciena Corp. (CIEN)...
CIEN could get a big VZ win... It looks like it's theirs to win.  And ALU - that pathetic combination of French and New Jersey - and TLAB to lose.  CIEN really needs the win, because they have been really stinking up the joint.

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