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Technology Stocks : Smart Modular Technologies (SMOD)

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To: JT who wrote (122)10/10/1997 3:46:00 PM
From: Tsiknas   of 134
 
JT:

ACTM missed earnings target, which apparantly took out the sector. SMOD, JBIL and ACTM all down bigtime. Jabil is down even after beating estimates for the quarter, announced last evening. ACTM said something about orders being down, and that was enough. Otherwise no rhyme or reason. Computer trading hit about 2pm EST and sent the price towards the floor. I just LOVE FRIDAYs.

Keep the faith, the company is in good shape. Just shaking out momentum players who jumped on in the last couple of months.

Regards,

Tsik
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