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Technology Stocks : SBS Technologies (SBSE) - Undiscovered gem

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To: Clay Takaya who wrote (639)7/28/1998 5:57:00 PM
From: M. Sanchez  Read Replies (1) of 1540
 
Your'e right about the excellent track record of earnings SBSE has produced. Two of its competitors (RSYS, PTIX) who missed estimates for Q2 have been much less reliable when it comes to hitting the numbers. These two disappointments were pre-announced. SBSE has been mum, so I feel pretty good about them meeting expectations again ($0.46). I doubt any kind of surprise, but wouldn't mind it.

Todays 1-5/8 point drop brings us right to the 50-day MA. The stock might bounce off it tomorrow and proceed to new highs prior to earnings release. It's amazing how many times I've seen this happen. I sure as hell hope it happens again. In this market, $35 is quite reasonable.
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