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Technology Stocks : Silicom Ltd (SILCF)

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To: 2MAR$ who wrote (71)12/19/1999 4:45:00 PM
From: Return to Sender  Read Replies (1) of 120
 
A market correction may be coming alright. As far as SILCF goes I have been pretty impressed with the recent strength in the stock. The selling which recently took the stock down to 4 7/8's was on very low volume. I think many investors who are now holding the stock have a greater appreciation for what the stock might do in the future. My research leads me to believe that this stock really has not even gained full appreciation from the Linux crowd, much less those who are enticed by the fact that this is also a wireless play. SILCF has been working hard in both these areas. The company is profitable. They have almost $7 million in cash. We can expect further announcements concerning their Linux efforts and finally when they announce xDSL and cable modem contracts this stock might zoom just like ZOOM did when they made their recent announcement:

biz.yahoo.com

ZOOM is not profitable. SILCF is!

SILCF has not yet traded anywhere close to the entire float in one day. Stocks in these industries have been so hot lately that they have been trading their floats multiple times over in one day. SILCF has a very small float. There aren't even 4 million shares outstanding. In my opinion SILCF will see a tremendous rise one of these days. Buckle up and enjoy the ride because a good stock in a hot sector can take off even in a bad market.

Investors are advised to do their own due diligence. Anything that I may state, in any post, is merely an opinion based on prior experiences and future expectations. I may have a long position in this stock and as such I am biased by my own expectations. I invest to make money. As always, I am looking for a big return to

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