Smart Modular - diamond in the rough? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Smart Modular - diamond in the rough?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: alvin ung who wrote (1934)	3/28/1999 8:04:00 PM
From: Daulat	of 2020

Yes I also read Joe's notes on YAHOO. SMOD is not going to be affected by decline in memory price. They are not in a business of selling memory chips... they use them to make the cards and other products. Drop in memory chip price does not affect their earnings. It is just a flow thru cost item in theor products. Hang in and relax.... Look at the quarterly earnings projections in Zacks.. it is estimated to go up every quarter in 1999 and 2000. At an average P/E (S&P) of 27, this stock should be in thirties... We are suffering due to low assessment of SMOD P/E.. largely because Ajay's lack of street savy. With new president runnning the show, we should expect a lot of cleaning up and restoration of the street's confidence. Twenties next month ....

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next