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Strategies & Market Trends : Electronic Contract Manufacture (ECM) Sector -- Ignore unavailable to you. Want to Upgrade?

To: MGV who wrote (2227)2/14/2000 11:08:00 AM
From: rich evans  Respond to of 2542
 
Hard to figure the reasons for the drop IMO. Heard maybe the institutionals are lowering their % interest which got up to 85% of shares out; also could be component problems which lowered revs in past quarter. Capacitors seem to be continuing problem and article linked on JBL thread said not resolved until October. But such things create buying opportunities IMO and so I did at 69.
Rich



To: MGV who wrote (2227)2/14/2000 12:12:00 PM
From: Brian P.  Respond to of 2542
 
Last time it hit 69 it bounced briskly, back up to 86 if I remember correctly--could be a double bottom here.



To: MGV who wrote (2227)2/14/2000 5:10:00 PM
From: rich evans  Read Replies (1) | Respond to of 2542
 
Well MGV, you were right. Did you buy? I tried to catch the SLR falling knife and did at 69 ,67 and 65 1/4. Hopefully the bleeding will stop tomorrow as I am out of bandages <gg>
Rich


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