“Your big opportunity may be right where you are now.” -Napoleon Hill
Legacy Holding Inc. in prime position for new business from old friends
Intel Corp and STMicroelectronics have joined forces to create a new company called Numonyx that will produce NOR, NAND and a new breed of flash microprocessors called phase change memory (PCM).
These types of memory chips are used in personal electronic devices from MP3 players to cell phones. Who better to clean these chips then our very own diamond in the ruff Legacy Holdings Inc. (OTCPK: LGYH).
LGYH already has ties to both companies making them a perfect choice for their patented green wafer cleaning technology the DryZone TM. Numonyx is scheduled to start shipping chips commercially later this year. LGYH could feel a positive impact from this joint venture as we head into Q2 of 2008.
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Stock Ticker (OTCBB): PENC
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Despite the inertia that seeps into every traders brain when they have an active trading morning, keep in mind that your risk/reward ratio changes throughout the day… dramatically!
A weaker volume market is a more volatile market and a more volatile market is harder to trade when using any type of trading system (which you are… right?). Remember that the first hour after market open and the last hour before market close are the strongest and most trend following hours of the entire trading day. The hours in between should only be traded by savvy and impeccably disciplined traders who do not mind twiddling their thumbs in order to keep from getting trigger happy.
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