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Technology Stocks : Elantec Semiconductor (ELNT)
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To: Dave Gore who wrote (295)12/16/2000 9:08:46 PM
From: Outer-limits  Read Replies (2) of 329
 
<INFO FOR NEWBIES: Outer, I am sure the drop is not due to any bad news because Reg. FD prevents anyone, including analysts, from knowing about anything good or bad before the rest of us hear about it. In speaking with Mr. Kwok late Friday, he reassured me that they had not released any negative news. Beyond that, of course, he couldn't tell me much per Reg FD.>

First of all, don't you think your being just a bit Naive
when assuming none of the good or bad information is "leaked" to analysts?? When your talking about HUGE
brokerage firms in some cases investing hundreds of millions of dollars at one time, don't you think Big Money
of this nature has ALL the information on a company before
placing their bets on the company and stock?? Of course
they do!! Case in point recently with MSFT. MSFT stock price
began to collapse about 6-7 days ago. This was due not to
the belief Al Gore was going to be president, but a VERY
possible LEAK from the company. Someone may have gotten
a big suitcase of cash for his fly on wall testimony.

Secondly who is Mr. Kwok. My guess is he is the CEO or
CFO??

Otherwise, thanks for the very informative post. It was
worth reading and calmed my mind (a little) on what is
going on at ELNT. Hopefully they don't pre-announce soon.
Good Luck and GO ELNT!!!!!
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