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Technology Stocks : SFLK

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To: KHS who wrote (798)2/17/1999 11:57:00 AM
From: Eric Fader  Read Replies (2) of 1591
 
Just my opinion. I could be impressively, jaw-droppingly correct, or hideously wrong <gg>.

I believe we're now seeing the bottom on SFLK.

This risky proclamation is based on rudimentary technical analysis, together with a healthy dose of "gut feel." I am not privy to any information regarding the timing of the company's next press release.

The MMs have maneuvered the stock down to a level where there are virtually no shares to be had. If that's apparent to me, it'll be apparent to them too, and anyone who may be short will begin (or resume) covering. Personally, even though I have no free cash, I'd be bidding for more here if my broker made a market in it, but your mileage may vary. -Eric
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