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Technology Stocks : Semtech (Nasdaq:SMTC) -- Ignore unavailable to you. Want to Upgrade?


To: John Morrison who wrote (978)1/4/2000 11:22:00 PM
From: Jeff Bond  Read Replies (2) | Respond to of 1225
 
My check is in the mail ... I know the old SI crew would not have paid your ransom (too much integrity), might be worth a shot with the new crew, you never know :o)

It must have been the pasta I had, bad seafood inside probably. I look back and I am shocked ... I was way too nice, and much much too generous in my comments. Uh, I don't think I have many institutional supporters. At least its clear I am not their "boy" :o)

When I see people message me, touting how "great" an opportunity some stock is, or something to that effect, only to watch the stock undergo an absolute thrashing (all manufactured), the irony of the situation is too much for me to remain silent, so I just call it like I see it. I know the trap that was set has just been sprung.

Its happened before, it happened yesterday, I used to be one of those that got caught in the trap, so the feeling it fosters remain vivid and clear.

No fake jobs on this thread, you are correct!!! In fact, I come here strictly for that reason, because at the present time I have no SMTC (shame and regret fill me). However, I truly believe in this company, their management, the engineers that make it happen, and the excellent commentary I learn from here.

I've tried the same on several other threads, but either been bombarded by Gemmers, Gorillas, wanna-bee technical analysts, quote un-quote insiders, sages, fortune tellers, analists, or face the lonely proposition of talking to myself (as I must do on the thread for the company I'm currently invested in).

You will take a check won't you?

Light volume, that is positive in that it signifies a manufactured drop has occurred vs. something of substance. Heavy volume is the stuff I worry about, this is "my friends" dancing their dance methinks, working the crowd into a frenzy for their benefit.

Hehe, so I didn't make any new friends today, oh well, maybe they just don't appreciate honesty in those back rooms I referred to. Too bad, some lessons in honesty would do them some good, and we'd be side benefactors as well. Wishful thinking ... back to the charts for me.

Regards, JB

P.S. This indeed is hedge fund selling, they arew first in and first out, because they are so leveraged they cannot afford to be caught in a downdraft like this. Mutual funds are the ones to watch now, if they decide to unload, we'll see lower prices as sure as it is January 1900 (oops, Y2K slip methinks :o)

It is worth following the money, because the ugly reality is that mutual funds are dumping tons of money into hedge funds. They don't mind leveraging their money, because it is NOT their money, they are simply the caretakers of peoples retirement money. Gulp ... I think I'll babysit my own money, thank you very much!!!