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Technology Stocks : SBS Technologies (SBSE) - Undiscovered gem

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To: Christopher Brainard who wrote (1348)1/20/2005 10:20:55 PM
From: robert b furman  Read Replies (1) of 1540
 
HI Chris,

Right,

Bad move now - but given time could well be a good entry.

Thinking their Germany acquisition was good timing - hoping they can convert the same with their Asian developments.

Time will tell.

I can be patient.

If it gets ugly - I'll add to in small increments.

Cash - no debt, and 45% margins, with growth surprising, and quote activity good enough to give them forward looking confidence - These guys sense the growth coming, and at above breakeven by 10-12 million per quarter - this is a story waiting to be discovered.

Well worth buying and waiting a quarter or two.

I think that is happening NOW, by those with much more money than I.

I love to ride on the big boys coattails. Time to be a bit more aggressive.

When this pops over 15 - it will be a support floor.

Right now decline is on light volume and ups are on good volume- this is a handle fixin to get on up to 20 and then we'll see congestion for a quarter or two.

Heck 20 is up 25-30%.I can wait a quarter or two for that and then we'll sweat out the dips around,above and below 20.

BWDIK

I do like how they are building cash.A million here, 5 million there - pretty soon you're talking money.GG

Bob

Good to hear from you.
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