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Technology Stocks : Smart Modular Technologies (SMOD)

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To: Bohdan who wrote (67)12/3/1996 11:31:00 PM
From: Hunter Vann   of 134
 
Bohdan...I bought Jan 22 1/2 call options about 3 weeks ago for $1 1/4. Closed today at 3 1/8. Volume and price movement this week is
probably due to earnings expectations. It has been rumored that SMOD will beat the street's estimate. I warn you however, do not buy on that
sole consideration. I've seen it happen numerous times when a company's stock heads down after better than expected earnings are released. Remember the old adage, "buy on the rumor, sell on the news." This might be what is taking place with SMOD. I'm going to watch it very carefully over the next few days.....

good luck
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