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Technology Stocks : Smart Modular - diamond in the rough?

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To: MASTEQ who wrote (1829)11/19/1998 10:25:00 PM
From: Tradegod  Read Replies (1) of 2020
 
Bets on tomorrows opening!

Can't see any downgrades coming. Some of the bullish analysts may upgrade due to long term forecast. SMOD would have to be cautionary due to the legal aspects, but I think that the major 2 rumors (missing earnings, and losing Compaq) have been completely dispelled and lead to some upside momentum. Shorts may try to scare the open to encourage selling so they can get out. Be assured, there is every reason for shorts to cover and no reason for them to stay short. Add to this the possibility that some momentum guys may just happen to like a high tech company with a fabulous balance sheet, cutting edge products and a PE of half of JBL or INTC. They could cram it to the shorts tomorrow. This thing might gap up 2; you never know. Anyway, I am very convinced that this stock is a buy, and would be happy to own it for the next 6-12 months. Therefore, I hope it doesn't gap up tomorrow am so that I can get in for some long term holdings. This stock will see 30 again before 1999.
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