SPLH is jumping Message Board

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Technology Stocks : SPLH is jumping

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To: moat who wrote (11)	10/14/1998 9:57:00 PM
From: John Goode	Read Replies (3) of 87

Your analysis is right on... Unless SPLH were expected to post major losses going forward (which at this point no-one expects), then this stock is a screaming buy at these levels. Not sure why the sell-off was so severe. I've personally owned SPLH and EFII, but currently do not hold any position (luckily sold out near their highs). I plan on buying tons of SPLH tomorrow, especially if there's further weakness (at 6, it's a no-brainer as far as I'm concerned). Absolute downside should be 6-ish, considering their substantial cash position. I do expect the stock to open up tomorrow, unless the whole market opens weak. Look for a re-bound to the 10-ish range by November (after tax-loss selling done).

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