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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (3379)	7/19/2000 3:33:13 PM
From: SBHX	Read Replies (3) \| Respond to of 30051

Zeev, Turns out today is a good day to catch falling knives :( The last 30 minutes and ssti's support at 85 seems to be holding (knock on wood). What do you see as sndk's support level? 59?

To: Zeev Hed who wrote (3379)	7/19/2000 8:41:29 PM
From: Paul A	Read Replies (1) \| Respond to of 30051

Thanks for the advance opinions on SSTI last evening.. saved me alot of profit as I was taken out at the open today rather than my original stop which was at 85.. Any thoughts on why flash memory prices dropped this week? Is it possible that the charts are reflecting this? I just cant understand SSTI having so much trouble taking out 100.. Although it was a bit odd that nearly nobody in the media arena picked up on the report today.. I hate when that happens :)

To: Zeev Hed who wrote (3379)	7/19/2000 10:31:26 PM
From: Logain Ablar	Read Replies (1) \| Respond to of 30051

Zeev: Regarding WSTL. Great quarter and income statement. I have a target of high $30's but it may not be reached if they come out with a secondary in the near term. The balance sheet indicates they've been building product (inventory increase). DSO from a quick glance seem reasonable (I didn't listen to the cc, problem on my end and won't listen to any cc's till later this week). In my experience a secondary announcement would put a cap on the price until the secondary is completed. Its still on a buy signal and needs to print $27 for a new PnF one. Tim PS There is a luv fest going on on the SNDK thread. Larry sounds like he wants to kiss the Chairman. Hope it bodes well for the stock tomorrow.

To: Zeev Hed who wrote (3379)	7/20/2000 5:50:46 PM
From: U.B. Green	Read Replies (1) \| Respond to of 30051

Zeev, The ask on ELON is 40 9/16. I guess the market didn't like the earnings report. Do you think the time is now? Regards, Bernie