| RACK - Buy or not? |
| Yes |
|
25% |
[ 1 ] |
| No |
|
25% |
[ 1 ] |
| Sell if owned |
|
50% |
[ 2 ] |
|
| Total Votes : 4 |
|
| Author |
Message
|
| vetelmo |
 Posted: Tue Apr 11, 2006 2:51 am Post subject: RACK - Rackable Systems Inc. |
 |
|
Moderator
|
Rackable Systems, Inc. engages in the development, marketing, and sale of compute servers and storage systems for large-scale data center deployments in the United States, Europe, and Asia. The company’s product line includes flagship Foundation Series compute servers for scale out datacenter environments, as well as provides configurable components and front-facing cable connections for serviceability. It also offers scale out series of compute servers for thermal and cable management, and system serviceability. The company’s customers include Internet businesses; and companies in vertical markets, such as biotechnology and pharmaceuticals, enterprise software, entertainment, federal government, financial services, oil and gas exploration, and semiconductor design.
This a stock I have been watching for awhile now. I bought it back in December and sold it later. I went beack to check them out and they are still going strong.
My problem is that while I was wacthing CNBC yesterday, that lame *** Crammmmer came on in the middle of some show and talked about how involved they are in with Google, that their success can be attributed to Google and should trade just as strong because of it. I have been trying to look around and see what he is talking about and I don't see anything relating them together.
Im trying to figure out how Google effects this stock. If they were Rackables only customer I could see it but nobody stays in business long if they have just one customer or one customer responsible for the mahority oftheir business.
They have an earnings report coming out at the end of this month and I bet he is pumping them up. Which irritates me because I always feel Crammmmmmmmmer is a pumper/dumper and I wish someone would kick him in his dumper! lol  |
|
| Back to top |
|
 |
| Benjamin |
| Posted: Tue Apr 11, 2006 4:38 am Post subject: |
|
|
Administrator
|
| Hmmm, Cramer gave his praise, but it's down almost 7% as of this post today. I wanted to say nice RACK, but I can't. |
|
| Back to top |
|
|
| vetelmo |
| Posted: Tue Apr 11, 2006 4:39 am Post subject: |
|
|
Moderator
|
| Well as of right now they went down to 48 which is around where I wanted to buy it. Interesting that CramAsser mentioned it and then it tanked...... |
|
| Back to top |
|
|
| poornewb |
| Posted: Tue Apr 11, 2006 6:46 am Post subject: |
|
|
Investing Manager
|
Here is what cramer had to say about Rack,
"RACK WAS DOWNGRADED BY THE GOOD PEOPLE AT GRADIENT - NEED I SAY MORE? GRADIENT. NOW, THE REASON WHY THEY DIDN'T LIKE IT, FRANKLY, WAS ALL ABOUT SOME CASH FLOW ISSUES. THEY'RE HOMEWORK BE BAD. THEY USED SOME SORT OF SPREADSHEET ANALYSIS - I MEAN, GIVE ME A BREAK. THIS IS A CO. THAT HAS INVENTORY THAT'S ALREADY SOLD. THEY'RE ACTING AS IF IT'S GOT AN ACCOUNTS RECEIVABLE PROBLEM. I SAY THIS TO GRADIENT (SHOTGUN), AND I SAY THIS TO RACK (BULL), WHICH IS THE FASTEST GROWING INTERNET STACKEM CO. AND IS VERY CLOSELY ASSOCIATED TO GOOGLE (GOOG) AND AKAMAI (AKAM)! "
Copied from the mad money recap site.
I dont see the closely related to google comment viable either, unless he is just talking about internet and networking growth all together. Ive seen there stuff in some of the large data rooms that ive been in. Its nice its clean and has good fiber management to it. Maybe goole is one of there larger customers as google grows so grows there network! |
|
| Back to top |
|
|
| Im Not Warren Buffett |
| Posted: Tue Apr 11, 2006 6:51 am Post subject: |
|
|
CFO
|
| Benjamin wrote: | | Hmmm, Cramer gave his praise, but it's down almost 7% as of this post today. I wanted to say nice RACK, but I can't. |
I'm just waiting for Grim to chime in about Cramer forming another top, but I don't really know enough about RACK to make any substantial judgements about the stock. |
|
| Back to top |
|
|
| vetelmo |
| Posted: Tue Apr 11, 2006 7:14 am Post subject: |
|
|
Moderator
|
I had it a while back and sold it around $35. I bought it again today @ 47.32
Before I realized CramAss was talking about it, I had been thinking of buying it again if it dipped below 50.
Even though I don't watch his show, he still bugs the **** outta me. |
|
| Back to top |
|
|
| vetelmo |
| Posted: Wed Apr 12, 2006 5:39 am Post subject: |
|
|
Moderator
|
Well this morning it's up $2.00!   |
|
| Back to top |
|
|
| vetelmo |
| Posted: Thu Apr 13, 2006 4:35 am Post subject: |
|
|
Moderator
|
It's up again this morning by about $1.00 
I got in at 47.32 |
|
| Back to top |
|
|
| nelaina |
| Posted: Thu Apr 13, 2006 12:47 pm Post subject: |
|
|
CFO
|
i dont have much to add about RACK,
but this is one beautiful chart! 
 |
|
| Back to top |
|
|
| frusnak |
| Posted: Thu Apr 13, 2006 1:57 pm Post subject: |
|
|
CFO
|
| With only 23 million shares and a 70% float and 70% institutional ownership, assuming you bought shares at least 3 months ago, I'd sell. Just my opinion, I've held stocks and watched them peak and bottom. A bird in the hand is worth two in the bush. |
|
| Back to top |
|
|
|
|
 |
| vetelmo |
| Posted: Tue Apr 18, 2006 12:04 pm Post subject: |
|
|
Moderator
|
| They dipped alittle today but I still bought some more. |
|
| Back to top |
|
|
| vetelmo |
| Posted: Tue Apr 25, 2006 8:26 pm Post subject: |
|
|
Moderator
|
RACK did ok the past two days and they are up in after market hours. They come out with earnings on Thursday.  |
|
| Back to top |
|
|
| vetelmo |
| Posted: Fri Apr 28, 2006 8:04 am Post subject: |
|
|
Moderator
|
| It was an up and down week with this stock but I made out like a bandit today! |
|
| Back to top |
|
|
| vetelmo |
| Posted: Tue May 09, 2006 12:06 pm Post subject: |
|
|
Moderator
|
| Well the stock did well last month, i boght some again this month before it took a terrible fall. I've held on to my position and bought at two others. My original position is at 48.50, a smaller one at 43.86 and then a final spot at 42.67. I normally wouldn't do this but I feel the stock is going to gap back up , likely not back to 48.50 but i think I'll make up some of my losses on this one. BTW at close today it hit 44.26 and in after hours it's up another .17 I'm sure the pirate and his parrot would say it's Cramers fault, lol. |
|
| Back to top |
|
|
| xcrazykid77 |
| Posted: Fri May 19, 2006 5:20 am Post subject: |
|
|
Investing Associate
Joined: 14 May 2006
Posts: 20
This Month: 0
7808.26 e$
Net worth: 7,808.26
Portfolio Value: 0.00
Monthly Return: 0.00%
Trades this month: 0
Churn Rate: 0.00%Items
|
| Down 12% at 34.99, right now |
|
| Back to top |
|
|
|
|
stock market game on the web. At eInvesting you compete for monthly cash prizes while you interact, make virtual dollars, purchase items, and trade in the realistic stock market simulator. We make investing FUN!
