Skeeter, you are too much of a fundamentalist. The next thing you will hear is that inventory was not build up by accident, but was planned to restrain price erosion and to resell at better prices (g). And if you believe that, I have a bridge in Brooklyn...
The point is that you are going to see more analysts waving that future promise of $100/share in 18 months, the new robust upcycle, the big profitability of the DRDRAM, and the public is going to swallow it. My advice, apart of some short term raids, wait until it go north of $87 before any serious shorting, hey, you may want to even consider some calls (god forbid). But, I do not think you are cynical enough for that (VBG).
Zeev |
