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Technology Stocks : SmartFlex Systems (SFLX) - Blitzkrieg or Sitzkrieg?

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To: John Morelli who wrote (695)8/2/1998 7:34:00 AM
From: Joe Dancy   of 848
 
I don't recall the 2% forecast either John, but heck it has been some time ago and I don't have my notes in front of me. The most exciting announcement from a company standpoint was that they made at least a little earnings in an environment that is not business friendly right now, and that they are talking to someone about a possible merger/buyout/business arrangement to increase their exposure to some markets they are not presently in.

Remember this is a microcap - and the smaller the company the less friendly the market has been of late - most small caps are down 30% or more and micro caps down moreso.

So no liquidity here, and lack of interest in these smaller stocks now makes for great opportunities. SFLX at $6 is a steal. Than again, I'm biased since I've liked this sector and this company for some time now.

Joe
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