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Technology Stocks : Elantec Semiconductor (ELNT)

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To: Outer-limits who wrote (300)12/18/2000 5:48:02 AM
From: Bocor  Read Replies (1) of 329
 
Frankly, even if they warn, ELNT has the warning priced into it....if analysts and money managers thought things were as great as they were in May...well ELNT would not be trading here. I don't think ELNT sees the teens anytime soon, and if it does I will be getting a second mortgage for the best investment of my life!
Agree it is a busted stock, but so are 99% of other techs. It would be more of a problem if it was a specific BUST with ELNT, but when money flows back into tech, it will flow heavily, as usual, and overhead resistance will be less of a problem than many think IMHO>
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