All American Semiconductor (semi) Message Board

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Microcap & Penny Stocks : All American Semiconductor (semi)

SEMI 30.01

-2.6%

Feb 4 4:00 PM EST

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To: Arthur Tang who wrote (703)	5/29/1998 10:40:00 AM
From: J. M. Burr	Read Replies (1) of 952

The first indication that this stock seemed ready to move occurred in the week of April 13-17. There was a terrific one day surge and for the week buy/sell was greatly above normal. I thought at the time that it was institutional buying and the purchasor had pegged its minimal valuation at $2. The stock then plunged and dropped to about 1.5 in the first week of May. I asked myself what was going on. Had some wiseguy outsmarted himself? Unlikely. As the stock slowly moved upward I began to buy and expect that the stock will hit $2 shortly, and then move in the direction that the wiseguys who played the stock during the April 13-17 period assumed. Yes, I know, given the history of this stock it is just as likely that it will drop to 1.5, but like most who know the history of SEMI its present price is greatly undervalued. Tumbleweed.

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