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Technology Stocks : Elantec Semiconductor (ELNT) -- Ignore unavailable to you. Want to Upgrade?


To: Dave Gore who wrote (298)12/17/2000 1:32:40 PM
From: Dave Gore  Respond to of 329
 
Bush to Meet with Alan Greenspan on Monday (tomorrow). I think that is very wise. I also think the markets should like it. I am really hoping for a 25 pt basis rate cut on Tuesday. It should be good psychology for the market, although some say it might signal that Greenspan thinks the economy is worse than he expected if he does so. I say...we need it now.

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To: Dave Gore who wrote (298)12/17/2000 10:38:34 PM
From: Outer-limits  Read Replies (2) | Respond to of 329
 
<PS2- I also do not think they would leak info because the SEC would think it was very "fishy" to see a stock drop so strongly right before an warning came out. They can easily monitor who sold prior to the "tank." They are very serious about enforcing this rule apparently.>

You have to remember one thing about companies, they are
filled with human beings. Some people in a company might
have a vested interest in disclosing information: Money,
SEX, etc. I'm not saying ELNT has done this, but I believe
strongly leaks occur (or corporate spying) on a regular
basis with information making its way to Wall Street. There
is just TOO MUCH Big Money involved for them to buy and
sell blindly!!

As for the rest of your post, Bravo!! Thanks for the info,
and Yes, I still believe ELNT is a great buy down here in
the twenties. Only problem is the stock is now BUSTED, and
will take several months to repair itself. Good Luck and
GO ELNT!!!!!