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Microcap & Penny Stocks : OPTI
OPTI 0.000200-77.8%Feb 6 9:30 AM EST
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To: Brian Hutcheson who wrote (67)1/2/1997 6:30:00 PM
From: Liatris Spicata   of 482
 
Brian- Thanks for your response.

My reasons for buying OPTI were similar to yours. However, I tend to discount book value as a factor. I question how much BV means to a semiconductor manufacturer where equipment can become obsolete so quickly. Of course, since OPTI subcontracts their manufacturing, BV may have some value. I wish I knew how to judge the signficance of BV for a technology company. Still, I agree that selling at 2/3 book is a favorable sign.

A little while ago, I put out a question on the <<Technical Analysis for Shorts and Longs>> thread concerning OPTI. A knowledgeable technical type, Zane Myers, had an optimistic -ha ha- accessment of OPTI's technical strength on post # 12330, although his intial response to my query was rather negative. You might like to look at Zane's comment.
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