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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Venkie who wrote (29889)1/25/2001 12:06:42 PM
From: im a survivor  Read Replies (1) of 65232
 
sounds like we will be lucky to get .25......hopefully, that is being discounted into the market as we speak.

SSTI got whacked on SNDK news and the fact that they delayed the posting of their numbers. Lots of speculation as to why the delay.......if you contact the company, you can tell they have been bombarded by folks wanting to know whats up....essentially what they are saying is the delay is not because of great news or bad news, but simply that "we just had the best qrtr we have ever had in our history and there are alot of numbers to crunch. We want to ensure we get the numbers correct, rather then have to re-state them at a later date"....

Anyway, I have no idea what the short term holds for SSTI but I did add some shares on the weakness today......In fact, I think a couple of the big boys stepped up in defense of ssti and said they are, and would be buyers at this level as well....only time will tell......I am prepared to add more at $11 and below should they get knocked that far due to market conditions or sell off after earnings.

Keith
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