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 : Smart Modular - diamond in the rough?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: MileHigh who wrote (1478)5/30/1998 12:24:00 PM
From: Mark  Read Replies (1) of 2020
 
MileHigh - Good post ! I have to confess that I had not researched
Jabil too thoroughly (I simply pulled up the historical numbers).
However, I still suspect that the PSR on SMOD is too high, and whilst
it is unlikely to go as low as SCI, I firmly believe we will see
further price declines before we see any improvement.

FWIW I believe that SMOD seem to have a sensible strategic objective,
and it is only the short/medium term that worries me.

The unknown in this is how management will time the share buy-backs.
I suspect that the high-ish volume on Thursday was due to this.
With further general market uncertainties, I believe that management
would be ill advised to buy-back at the current prices, and that they
will see further opportunities to buy without squandering cash. I
suspect that in about a month's time we will see a pattern emerging
in the price which will indicate their selected buy pricing.

Mark
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News