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Technology Stocks : SBS Technologies (SBSE) - Undiscovered gem

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To: robert b furman who wrote (1314)10/11/2004 1:50:40 PM
From: Christopher Brainard   of 1540
 
Hi Bob,

I hope you are right, but after the recent announcement by PTIX that they too have seen a drop off in business, I hold little hope that the current round of earnings reports will hold ANY good news.

It is really starting to look like we have entered a period in technolgy where little or no growth is likely for an extended period of time. Holding onto stocks like SBSE for the big gains seen during the late 1990's is not likely to result in good results. I beleive that for the next few years the money to be made in these stocks will be to play the short 20-30% gains that will sweep through the stocks as investors get hopeful for improving results only to be disappointed in the next quarter as outlooks are revised downward once again.

SBSE is likely to bounce between $10 and $15 for many years to come. At least with COHU you receive a small dividend while you wait!

See you when you get back.

Chris
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