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Politics : High Tolerance Plasticity

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To: chowder who wrote (19972)8/1/2003 9:18:40 AM
From: CommanderCricket  Read Replies (1) of 23153
 
Dabum,

Here's an example of why sometimes it pays to know nothing about a stocks fundalmentals. SANM is a basket case and of the tier one EMS Providers it's certainly the weakest. However, look at the chart. It's up another 10% in the premarket today on the Tellabs news

stockcharts.com[h,a]dacayiay[pc20!c50!c200!f][vc60][iUb14!Lf!Lh14,3!Lc20]&pref=G

I know the management team and have been in the majority of their factories. SANM is living qtr to qtr.

The announcement today about Tellabs is also interesting. One unprofitable company handing over manufacturing to another.

Just goes to show you can be too close and miss the opportunities. I'm becoming a true believer in TA.

For you shorty's out there, this is going to a great opp one of these days.

Michael
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