Have you ever heard of the word hype? This CEO will not say anything negative about his company. He states that the industry is fundamentally great, how come he didn't talk about his own company? Check out their cash flow, the backbone to any company, its not doing very well. The other thing, Year 2000 earnings for the year do not come out until Dec. 2000, so you are going to base the 104.5% price increase since Oct. 8 on that which is only a forecast, even Joe Kernan on CNBC said to take this report with a grain of salt. I'm not saying that this company will not improve down the road, but when Intel pays $31.64 per share (6% of the company), Texas Instruments for less, this price is not realistic. It should be in the 20s today. Just remember one thing, the big boys have made their money, now the little guys will get in and get burned as the big boys laugh all the way to the bank.
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