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Technology Stocks : SBS Technologies (SBSE) - Undiscovered gem

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To: robert b furman who wrote (1339)12/28/2004 2:04:24 PM
From: Christopher Brainard  Read Replies (1) of 1540
 
Hi Bob,

Look's like we have a little year end tax selling hitting the stock price today. I would join you in your mad trading but I'm not comfortable how the market will react to the next earnings report. The company is on record to spending an extra $2.5 million in FY 2005 but no guidance was given to the timing of these extra costs.

I'm still gun shy on this stock until mid 2005.

Chris

FWIW: An interesting development has happen with my hope stock for 2005. Three top managers at ATRO recently purchased via stock options something like 75,000 shares of stock. The purchases were made at current market prices and no shares have been sold. I'm reacting more aggressively to these kind of actions by management than I am to rosy statements about the future.
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