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I agree. I am short 4000 shares of this stock and after reading barrons from cover to cover, I am shocked that anyone would want to own this stock.I can understand why insiders' sell share for a profit, but when they are still selling at these low prices,I think it is safe to assume they believe the stock will continue to decline. This industry certainly appears to be shaky, at least for the short term with Intels' rumors,PC demand, semi conductors,IBM-DELL alliance, shrinking price margins,etc... Also, not one SEG insider is using these dismal prices as a buying opportunity.After looking at SEG's chart today,I am convinced we will revisit 18,at which price I will cover. I agree the company has an excellent product,but right now,their in the wrong industry. |
