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Technology Stocks : Smart Modular - diamond in the rough?
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To: Robert H. who wrote (1512)5/30/1998 3:24:00 PM
From: MileHigh  Read Replies (1) of 2020
 
I agree, but NOBODY really knows about the bottom, one must make their own call based upon their risk/reward analysis. I will grant the bears this though, if we go lower it will be a slow drift downward on low volume. The fund managers and MOMO players dumped this baby with the bath water so any downward move will be slow, IMO, barring any catastrophic news which has already been released.

I am thinking about selling some covered calls to average down my cost basis.

Regards,

MileHigh
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