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

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Joe NYC who wrote (4018)7/18/2008 9:58:13 AM
From: bobs10   of 4590
 
you:

This stock seems to like $2.98. It happened to be today's close again (after 2 ays ago close and yesterday's last after hours trade).

me:

Yeah, I think we're back to the $3 trading range we were in earlier this year. At best we can expect a very slow uptake on price.

This company's management has a very big job convincing potential investors the company is worth investing in. I doubt that many believe anything management has to say any more. Management has consistently underestimated the market and been late with new products in an industry(NOR) that has basically stood still for the last few years. If they can't get SP1 filled it's probably all over for SPSN as a separate entity although they might limp on for years.

This stock remains, very much, a Hail O' Mary long shot.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext