SBS Technologies (SBSE) - Undiscovered gem Message Board

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Technology Stocks : SBS Technologies (SBSE) - Undiscovered gem

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To: Christopher Brainard who wrote (1284)	8/2/2004 6:05:57 PM
From: robert b furman	Read Replies (1) of 1540

Hi Chris, Yup SBSE has always been tough to hold onto - much like Cohu. All today there was a constant light volume small size selling pressure. This price action smacks of short pressure.The kind of short pressure that hopes to squeeze people out just before a nice run back up to the recent highs. Its either bad earnings and the word is out or a manipulation to get more stock at a low price just before good news. I wonder what sectors PTIX and Rsys had that let them down?? Is SBSE in that sector? I like the set up and I hope we both get to bid on the stock in the high 9's. The only size I saw come in today was below 12.00 - right at the close. I'm happy to see Cohu get the nice runup on good volume.Institutional bidding going on - a very good sign. Cohu's light volume decline to 15 sure seems very similar to SBSE drop to the 11.00. I think it is a good oportunity in the making. GULP Bob

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