To all on this thread: but most notably to Ausdauer and Jerome Wittamer (whatever happened to him? I miss him!):
Since one of the purposes of this thread is education, I am surprised that just about everyone on this thread has so blatantly missed the obvious. After you read what I have to say go back 2 years and read all the posts and see just how you could have missed it.
I have been following and posting on this thread since early 1997, although I changed from my real name to an alias. I have also invested and traded in this stock beginning initially buying at $10 per share. It is interesting and educational to go back to that time and read all the posts as you follow the stock price, the earnings reports, the CEO's comments and the flash memory market. With all the posts, advise, speculation, evaluation, brokers comments, earnings expectations, threats of class action suits, and investor research - ONE PERSON STANDS OUT as calling the shots as to which way the stock was going to go.
He has been the most accurate of anyone, even though his comments were sometimes despised by those invested in direct conflict with his forecasting (such as Jerome Wittamer, who was right long term but bailed out too soon). I have read analysis ad-nausium from investors, speculators, gamblers, idiots, wanderers, beginners and seasoned veterans. I have read analysis blaming competition, foreign markets, stock manipulation, brokers, horoscopes, bad luck, etc., etc., etc.
But one person has stood out as telling it like it is and how it probably will be. Whether you agreed with him or not he has been "dead on" with his analysis of the company as it stood at that time, and more importantly his predictions of where the company and market were going, and if you had listened to him you would have done well.....very, very well!
His name is Ely Harari.
Go back..to the past 2 years of posts...then read em and weep!
Steve667
Neighbor of the Beast
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