Ah, Bob Kim, dear fellow! Miss you on the NITE board! I see you too are interested in SFE - or was it only the analyst thing that brought you over here? FWIW, I traded SFE a couple of times Thursday and Friday - but didn't stay long over the weekend. The thing is that you can't really rely on earnings in a stock like this, it is all about IPO's and NAV, both of which look iffy at this point (for the near future). While the stock sold off pretty spectacularly, I don't see any immediate triggers which would power it significantly up in the near future... up markets should be helpful, but I suspect deadish money for awhile.
<OT>Hey, why don't you peek in at the NITE board? Man, that stock got hammered - and I suspect we may see some of those "strong buys" from some analysts get downgraded to "buys" when disastrously slower growth in the next 3 quarters becomes apparent (i.e. 4Q 00, 1Q 01, 2Q 01)- FWIW, I actually think there is an excellent chance of NEGATIVE growth for 1Q of 01 compared to 1Q of 00 - should do wonders for the p/e and shareprice, LOL! So, I therefore expect some downgrades. We'll see. Any thoughts?
Cheers,
Morgan |
