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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (3475)7/23/2000 12:05:39 PM
From: orkrious  Read Replies (2) of 30051
 
Zeev, some time back you talked about SNDK's downside being limited in a severe bear market to something like $30 (I don't remember the exact number) because of their $12 mil in royalties. Since the royalties number for Q2 came in at $21 mil and is likely to grow, would you care to throw out another guess as to max downside?

Jay
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