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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To: Joe NYC who wrote (4162)	9/25/2008 6:10:49 PM
From: bobs10	Read Replies (2) of 4590

you: Significant drop last couple of days. Is it the downgrade or is it because of this forecast of shrinking NOR? me: I don't know, but it's probably more due to a reluctance to invest in any stock that looks at all risky. As they say, there are lots of reasons to sell, but buyers have to have good reasons. Being in cash right now is not a bad place to be, at least until things clear up a bit. I wonder how SPSN is being affected by the lack of liquidity? Profitable companies have gone under in the past because they couldn't meet payroll. I don't think SPSN has any immediate liquidity problems, but the longer this situation goes on the odds of some weaker companies going belly up, because they can't get access to cash, increases. In that case the liquidity problem will be doing the work for the shorts. It seems like the financial system is very close to a complete meltdown. I can't ever remember a time, even remotely, like this one. Dario indicated in the CITI meeting that SPSN didn't see much of a slow-down, I wonder if that is still true?

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