Xicor ? Message Board - Msg: 10039913

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Technology Stocks : Xicor ?

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To: jeffbas who wrote (2146)	6/8/1999 8:20:00 PM
From: steve olivier	Read Replies (1) of 2920

I have been reading the postings regarding the shareholder meeting on Yahoo. Based on the report I received Monday morning from a friend who attended the meeting, the postings of fnclzd are very accurate. In fact when I read fnclzd's posts, I called my friend back and asked if he was fnclzd. He is not. As for the stock, it still trades like there is a seller out there. I keep going on the bid to test it and keep getting hit. Can't imagine who would be selling at these prices, but they are. I doubt this is smart money and suspect it is fed-up money. Fed-up money usually gets out at the bottom. Looking forward to the Q2 numbers to see the progress they are making. When we see how much of the Q2 sales are from Yamaha production and what effect that has on the margins, we will be able to determine what this company can do without any significant increase in sales. We may be disappointed, but given the reduction in wafer cost and the increase in die per wafer, I think not. At least that is how I am betting. Throw in some sales growth in 2000 and we all may be surprised at how profitable this company can be.

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