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Strategies & Market Trends : Quarter to Quarter Aggressive Growth Stocks

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To: Jack Hartmann who wrote (701)9/11/2000 2:39:54 PM
From: C. McD  Read Replies (1) of 6927
 
So what are your thoughts on where SLAB could end up over the next couple days/weeks in terms of the lock-up and Sept/Oct market conditions? Shorts don't really seem to have kicked in yet IMO, although they could next week.

I think there'll be some buying opportunities soon, on a bad market day, possible dip hard below $50 - making for a good longterm entry point.

Downside could be down to ~$35 if things go really bad, upside to $100 by the end of the year if SLAB stays on track. Could be very risky w/ a PE ~165 and selling only one product, especially if insider trading is heavy and telecom/semi market doesn't recover.

Appreicate your perspective.
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