SBS Technologies (SBSE) - Undiscovered gem Message Board

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Technology Stocks : SBS Technologies (SBSE) - Undiscovered gem

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To: Clay Takaya who wrote (683)	10/16/1998 9:13:00 AM
From: Jeffrey L. Henken	of 1540

I posted this on the InvestRight thread. Lots of good stocks have been beaten down badly in the recent market correction or Bear Market if you will. Due to the additional rate cut yesterday and some good news from SBSE I think the stock may indeed be a good buy. Subject 22744 Here is one that will move today, SBSE. The stock closed at 9 3/4's yesterday. This morning the company announced that over the next twelve months they may repurchase as much as 500,000 shares. In addition insiders may buy as much as another 100,000 shares. Check out the press release on this stock trading at 1/3 the price earlier this year with a P/E of less than 6: biz.yahoo.com The company only has 5.65 million shares outstanding! quote.yahoo.com It might be wise to wait for the stock to settle back after the buying that should take place due to this announcement. InvestRight Regards, Jeff

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