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Technology Stocks : Spansion Inc.
CY 23.820.0%Apr 16 5:00 PM EST

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To: blind-geezer who wrote (3170)1/23/2008 5:34:39 PM
From: bobs10  Read Replies (1) of 4590
 
you:

dude, why is every stock going up except this one ???

AMD up 10%, INTC up 8%
SPSN down 3% ...

me:

Well, SPSN did just report what I think is its 12th quarter in a row of losses. Even though the $.36 was an improvement over the $.53 loss of q3, for a lot of investors that one item says it all. Then there's the shorts who are still a factor in this stocks performance.

However, now is the time when all the due diligence you've been doing is starting to pay off as you know that the future looks a lot brighter than the earnings indicate.

There's an old saying about buying when there's blood in the streets. Right now I would say this company is about 3 pints of blood shy.
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