Sanmina Corp. (SANM) Message Board

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Technology Stocks : Sanmina Corp. (SANM)

SANM 177.73

-1.0%

Jan 23 9:30 AM EST

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To: moose who wrote (50)	4/2/1998 10:04:00 PM
From: moose	Read Replies (1) of 239

THIS POST HAS BEEN DEAD! Just sold my long position today and was glad to get out so lucky. SANM is a screaming short at this point. Both of SANM's biggest customers BAY and DIGI have preannounced and like I said before SANM will suffer! Unlike JBIL, PLXS, SMOD, SLR, HDCO and the others, SANM is near their high. With the two warnings it would be foolish to think that SANM growth will continue at the same pace. Looking to go short after we break 9000. I think the best way to play this one is straddles around earnings but I would be hedging more towards the downside.

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