SMARTFLEX ALSO MEMBER OF THE IOMG FAMILY Message Board

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Non-Tech : SMARTFLEX ALSO MEMBER OF THE IOMG FAMILY

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To: Douglas V. Fant who wrote (161)	6/24/1997 2:41:00 PM
From: Joe Dancy	of 558

Your too greedy Doug. I got a slug at $10 1/8 this morning. Question: Do you follow Stormedia (STMD)? They make components for hard disk drives. Stock price is down from $23 to 52 week low of $8, 3 buys - 1 hold from analysts. I looked at STMD about 6 months ago and passed when it was $13 or so. Looks much better now - three analysts estimate it will make $1.72 next year (ending 12/98). If you can hold for a few years, this STMD looks about as beat up as SFLX. The only difference is that I'm real comfortable that SFLX will recover and will make a profit this year - STMD may break even - don't know that much about STMD, their product or management. Best- Joe

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