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Technology Stocks : SDLI

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To: Steve Smith who wrote (168)6/25/1997 9:44:00 AM
From: Toby   of 297
 
I still believe the crater more than the bounce. Somebody sold a lot of SDLI, much more than you'd expect from Monday's selloff momentum alone. The insiders have been sellers over the past year, and part of that had to be knowledge of the yield problems. I sense another bad quarter, but I hope SDLI proves me wrong. SDLI has a very rich PE which can only be justified by the company getting back to normal profit growth. The stock could move 8 points either way over the next month.
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