$FNF Value Update

April 30, 2011

Fidelity National Financial, Inc

$FNF  

Diverse business model. (Title, P&C, Benefits)

Q111 results reported 4/29/11,  met expectations without solid performing Q/Q Sales Growth. Q/Q Sales Growth 10% :(

Commentary of results indicated a lot of uncertainty in the title industry due to declining market for refinances , although FNF seemed confident full year outlook would be met. 

Current fundamental valuation is appealing. Q/Q Sales performance is a concern. 

Current dividend yield of 3.11% . Dividend performance has been under pressure since 2008. 

The current price is outside of the upper daily Bollinger Band I will patiently wait on the price to consolidate. Weekly chart looks fantastic with the price just now breaking out of a stage 4 consolidation. 

$XRTX Value Update

April 30, 2011

Xyratex

$ XRTX  


LOW LOW LOW LOW VOLUME !!!!

Current negative Q/Q EPS performance.
Poor Q/Q sales growth 

March 30 2011 earnings report indicted several negative business factors. 

2.5" net book hard drive demand is significantly decreasing. 

Industry consolidation is creating uncertainty. 

Japan Tsunami situation has created negative supplier issues. 

I will not initiate a position in XRTX at this time. 

I will continue to monitor business circumstances, fundamentals, and chart.