Silicon Laboratories - SLAB Message Board

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Technology Stocks : Silicon Laboratories - SLAB

SLAB 146.09

-0.6%

Jan 9 9:30 AM EST

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To: Jay Brandes who wrote (45)	9/27/2000 2:54:56 PM
From: C. McD	Read Replies (1) of 76

Only optimism is that the lock-up only creates temporary weakness, enhanced by the Sept/Oct market conditions. The company is as solid as ever. I loaded up at an average of $46, which was too early - but I'd load up again today at $37 if I could, I wouldn't want to miss the rebound when the broader market and SLAB's liquidity are no longer issues. Not sure SLAB is done going down, still hasn't found a support level supported by heavy volume. But when it does, look out, because I think it will move fast. Check out how JNIC reacted after dropping to $20 after its lock-up during bad market conditions (current price = ~$90), PE = 550. I'd like to think SLAB will make a similar recovery. Company is sound, lock-up expiration sux.

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