Smart Modular - diamond in the rough? Message Board

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Technology Stocks : Smart Modular - diamond in the rough?

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To: Mark Peterson CPA who wrote (1906)	2/17/1999 10:25:00 PM
From: Tradegod	Read Replies (2) of 2020

Hope your Feb 15's don't get you called out of your entire position. Management's lack of street guidance is equalled only by their ability to execute their business plan in a challenging business. I invite your attention to the other memory related companies. Most have losses and a lot of debt including big daddy MU. My take is that this two cent shortfall is a non event. It was related to additional expenses ramping up for GROWTH, not revenue or business shortfall. If it were AMZN, it would be a reason for a 10 point up day! Sadly, management could have guided the analysts to move this two cents into next quarter and quietly have done that with no negative impact on the stock. Their well know reluctance to respond to fluxuations in the stock price has made them easy prey for rumors and short sellers. With the cash they have, then a stock buyback would make sense. What has been our pain, may look like a bargain to new shareholders. I also imagine that those who have rode it this low aren't about to get out now. Shouldn't take much to move it back up. Don't be surprised if the shorts try to open it down to invite selling. It all depends on the big houses to save the day.

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