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To: lifeisgood who wrote (2416)10/23/2000 2:03:59 PM
From: Tom Hua  Respond to of 19633
 
LIG, I saw that writeup before buying in. The distribution is a direct result of the conversion from S to C. No surprise there. The size of the distribution depends on the amount of retained earnings while the company was an S-corporation. I'm not qualified to judge technically if it's "rich" and I doubt the author possesses sufficient expertise and background to make that assessment since he wasn't able to explain why he thought it was rich.

Regards,

Tom



To: lifeisgood who wrote (2416)10/23/2000 3:28:44 PM
From: JeanD  Respond to of 19633
 
STEC ... I don't know how many of you listen to IPO Hardball with Francis Gaskins and WFN, but the week they reviewed STEC Gaskins was happy to disagree with WFN's take on STEC, and Gaskins gave it a "B" rating and had a lot of nice things to say about it.

radiowallstreet.com

I'm in from the 7's and doubled up in the 6s, so I'm not unhappy - but it seems Lehman as an UW put a lot of people off of buying STEC.

It sure looked like it was going to go this morning, but obviously it turned around ... I let a few shares go but I'm still holding a pretty big position. I'm hoping it shows some improvement into the close.