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No. of Recommendations: 1
Here's what an advisory letter just said about COGO;

"Comtech is an established company with an impressive history. It's been profitable every quarter in the past 10 years, and revenue grew an average of 63% per year for the last five years.

In the third quarter, Comtech once again beat analysts' estimates by posting earnings of $4.1 million, or 14 cents per share, up a sparkling 55% from last year. Revenues increased 62.3% to $43.2 million. Meanwhile, its gross margin for the nine months of the year totaled 18.6% of sales, against 17% the year before. In a low-cost manufacturing environment like China, only the companies with high margins succeed, and I like what I see from Comtech.

Management is very optimistic about the future and raised its sales estimates for the year to $165 million from its previous guidance of $155 million. That compares with $107 million in 2005. Comtech expects to report 52 cents per share for 2006, which would be a 44% increase over last year. With 3G coming in 2007, I expect Comtech to generate an additional $20 million in sales revenue in the next year alone.

Buy COGO under $18 before the 3G hype hits full force. I expect the stock to climb to at least $24 in the next six months, and probably much higher over time."

I did buy under $18 on Friday and am up slightly. Am waiting for the ride.
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