It appears that Sim is gearing up for his meetings this week in Boston and New York.
biz.yahoo.com
biz.yahoo.com
In addition, Monday's edition of Barron's is reporting that Vinik sold 1.2 million shares between March 3 to April 24 at prices of $9.12-$14.22, but he still controls 4.2 million shares.
What kind of reaction, if any, do the MMs have to this news (to the extent that it is news, after all, most of remember exactly when the 600,000 share blocks were traded)?
See Lo - nice job reporting Sim's interview. I am slightly disappointed, though. Two points: (1)Why no mention of there bullish sentiments and (2) No mention of there desire to take the DVD marekt by storm? Hopefully, he will do a better job during this week's dog and pony shows!
Finally, the price-to-sales ratio that I prepared last week only gets more attractive as the price has dipped. We must be looking at less than a 1.2 ratio, now. As you will recall, anything below a 1.5 is considered cheap. |