SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : SMARTFLEX ALSO MEMBER OF THE IOMG FAMILY

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tensane 1 who wrote (549)9/5/1997 12:48:00 PM
From: Kent Sarikaya   of 558
 
This week has been disappointing as far as I am concerned. Technically we were due for some sort of movement from what I could tell. Sales to earnings is .54, we have low debt and a fair amount of cash. Facility expansion is over, we have added capacity. Running at less than capacity turned a profit.When you look for an undervalued stock with great potential, it is hard to come up with anything better.

We should be around $21 /share. With all that has happened, I could see around $15. But to be stuck so close to book value while still being profitable?

Something is wrong here and we need to dig it out. I don't know what it is, because from what I see we should be like I said around $15, and with the expansion over and added capacity on our way to $21. This sideways movement looks like it is one of the longest periods for this kind of directionless existence. It looks even worse when the Russell 2000 is breaking records every other day. SFLX is looking like a trampled body as everyone runs right over it to higher territory. You'd think someone would reach down and swoop it up.

I hope everyone has a good weekend and doesn't get depressed when they review this weeks activities and the lack of any activity from SFLX.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext