Smart Modular - diamond in the rough? Message Board

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Technology Stocks : Smart Modular - diamond in the rough?

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To: ChinuSFO who wrote (1377)	5/22/1998 8:57:00 AM
From: DaveMG	Read Replies (1) of 2020

Perhaps he's already getting a reasonable idea of where things are going this quarter and is then extrapolating based on normal seasonal characteristics. I haven't been following SMOD for a long time but Ajay seems to have good reputation, does make a very honest impression, and doesn't seem like someone who would want to sell out, but what do I know? SMOD started trading on instinet at $16. Don't trust this premkt trade. It's extremely thin and easily manipulable. We'll have to wait at least until 9:45 to see where things are really at. Even if SMOD only earns 80cents for the entire upcoming year, 16 makes for a forward PE of 20... Now its at 15 Dave

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