Globecomm Systems Inc.	- Adam Sarhan
Ticker Symbol: GCOM (NASDAQ)	Industry Group: Telecom- Wireless Equip	Shares Outstanding:  19,500,000
Price: $15.13	Day's Volume: 167,500 10/13/2007 4:00PM ET	Shares in Float:  17,500,000
52 Week High: $15.85 10/11/2007	50-Day Average Volume: 177,900	Up/Down Volume Ratio: 1.2
Pivot Point: 15.06 9/11/2007 high plus .10	Pivot Point +5% = Max Buy Price: 15.81	Web Address: http://www.globecommsystems.com

CANSLIM.net Company Profile: Globecomm Systems, Inc., together with its subsidiaries, provides satellite-based communications infrastructure solutions and services. It supplies infrastructure solutions for satellite-based communications, including hardware and software to support a range of satellite systems. The company's infrastructure solutions consist of the design, engineering, integration, and installation of ground segment systems and networks, which are deployed in communications networks, including a satellite component. Globecomm Systems was founded in 1994 and is headquartered in Hauppauge, New York. The stock's Composite Rating, which is a combination of all the other readings, stands at a very healthy 93. Meanwhile, the Relative Strength (RS) rating is an impressive 90. The company's Earnings Per Share (EPS) rating is 73, below the 80+ guideline typically desired. However, earnings have grown at a very healthy clip over the past four quarters while sales revenues growth has accelerated, and solid earnings increases for three consecutive years (good A criteria) helps overcome this shortfall.  GCOM resides in the Telecom- Wireless group which is currently ranked 22nd of out the 197 Industry Groups covered in the paper, helping satisfy the "L" criteria. Insiders own about 11% of its shares, which provides decent motivation to protect and build shareholder value. Return on Equity of 11% is under the 17% guideline, raising some concern.  From December '06 to September '07 the number of top-rated funds rose from 24 to 30, helping satisfy the I criteria. 

What to Look For and What to Look Out For: Look for GCOM to make further progress above its prior high closes and follow through with confirming gains on heavy volume. It quickly traded up to and beyond its $15.81 maximum buy price, then consolidated on lighter volume. It is important that investors adhere to the proper buy guidelines, accumulating shares after a technical buy signal occurs, but before the stock rises above max buy level, which is considered "chasing" and greatly hinders investors' results. A close back under its $15.06 pivot point would prompt concern.  If the stock rolls over and closes below its prior high close ($14.91 on 9/11/07) then the technical breakout will be negated and odds would then favor it spending more time trading in its recent base. Always limit losses per the 7-8% sell rule, and never hold a stock if it falls more than that much from your purchase price. 

Technical Analysis: The stock vaulted out of a six month base on Tuesday October 9th, 2007 and triggered a technical buy signal when it surged above its $15.06 pivot point on over twice its normal turnover. It was very encouraging to see GCOM close in the upper half of its range and enjoy its best close in 7 years! Volume is a critical component of institutional sponsorship, and the fact that volume swelled as this stock surged into new high territory showed a strong vote of confidence from the institutional crowd.