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Technology Stocks : Semi Equipment Analysis

SOXX 316.33

+1.3%

Dec 10 4:00 PM EST

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To: TobaccoMan who wrote (40720)	10/9/2008 1:50:20 PM
From: The Ox	Read Replies (1) of 95546

No, that may be the albatross around ACLS's neck at this point in time. That may be why the market is hammering ACLS's stock price, as the holders of the convertible debt are doing their best to short the stock to force an excessive dilution. If this is the case, any refi news should send the stock soaring. With over $400MIl in net tangible assets, the ability to refi $80Mil shouldn't be that hard...famous last words!!!! With over 100Mil shares outstanding, its interesting to see that stock fall 47% on only 5+ million shares traded in the last 8 days. So it looks like mostly sellers with no buyers at this point. Not surprising to me with this market background in play. The lower it falls, the more of the "death spiral" possibility comes into the picture. I took a chance...we'll see how it plays out. Most of my choices lately are looking awful, so I'm not suggesting everyone run out and follow my lead!!!! Thats for sure, LOL. jmo TO

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