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Technology Stocks : SBS Technologies (SBSE) - Undiscovered gem
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To: Wowzer who wrote (682)10/15/1998 7:26:00 PM
From: Clay Takaya  Read Replies (3) of 1540
 
Rory,
I am sorry that you chose to sell today as I think you are getting shaken out of a good company. Where are you going to find companies selling near book, that still have earnings (maybe even growth), in an industry that can only get bigger and better down the line?

In my mind there is a limit to mass insanity and book value is as good a place to draw it. Normally companies that are making money don't sell below book for obvious reasons. This company is not only making money, but it should be making even more in 1999.

Selling here, however, may turn out to be a good move as the money might be placed in other companies that represent a better investment. For my part, however, I don't see any out there better than this one. If I am wrong, I will be punished (I mean worse than right now).

Good luck,

Clay
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