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Technology Stocks : Smart Modular Technologies (SMOD)

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To: freeus who wrote (87)1/25/1997 8:40:00 AM
From: Milo Klanke   of 134
 
Hi folks,

Buying your own home is certainly an excellent investment in and of itself. As to their technology, basically SMOD is a contract manufacturer of sub assemblies, ie modules. Memory modules, computational modules, etc. Essentially their expertise lies in engineering and manufacturing. They provide whatever components NEC, Cisco, IBM, or whomever does not want to produce internally. Outsourcing is a growing trend among major tech companies. It makes economic sense to farm out some components rather than produce everything yourself. The auto industry for example has long outsourced most components. Don't get hung up on SDRAM or Flash memory or whatever seems hot today. It doesn't matter. SMOD will make whatever their customers ask for.

Milo
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