SME(svcdq) has it bottomed out yet? Or will it hit bottom? Message Board

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Non-Tech : SME(svcdq) has it bottomed out yet? Or will it hit bottom?

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To: christopher who wrote (39)	5/19/1997 10:38:00 PM
From: walt zweifel	of 305

Just thinking.. At fast.quote.com I counted 8 20-40k+ blocks traded today all of which appeared to drive the priceline up. that's some fairly heavy buying in large chunks. SME is still selling at about a 45% discount to its marketplace. IMHO, I think thats important to keep in mind. We don't want to fall in love here, but its only been a couple of months since all of the bad news and the bottom appears to be behind us. SME took the entire $130 million charge at one time. That simply clobbered earnings and the stock paid the price. What going to happen next quarter?? Seems like there's room to grow. Its five year high was 15. (It wasn't gaining market share then either)

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