Spansion Inc. Message Board

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Technology Stocks : Spansion Inc.

CY 23.82

0.0%

Apr 16 5:00 PM EST

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From: bobs10	1/30/2008 8:58:49 AM
	of 4590

Ok, from my point of view here's what's going on. First, were rapidly leaving the deeply oversold station, next to be sitting in the dead zone(no wind) that AMD now occupies. As usual, the shorts over did a good thing(over stayed their welcome) and are now paying the price, trying to get out, as a flood of "Johnie Come Latelys" pile into the stock. The number of short shares outstanding should make for interesting reading. I hope everyone got their tickets to the bus to prosperity before the action junkies got on board. Anyway, there is going to be a need for more news to keep this thing going. Since I doubt that we will be getting much of that from SPSN for awhile I expect that soon this current exuberance will start to moderate and the stock will start bouncing around within a range. That range should be a little higher than where the stock currently is, but that will be determined mostly by the spin the market starts to put on SPSN. Good luck to the old hands that have so diligently dogged this stock through what have been some of the toughest times I can remember any stock ever going through.

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