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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: moufassa7 who wrote (47307)	2/13/2001 12:06:23 PM
From: American Spirit	Read Replies (1) \| Respond to of 57584

SCNT now selling 190 mill market cap, 180 mill cash. Down more than 1/3 from last week when I sold at 3 5/8. Incredible for what is one of the best in its sector. I base that opinion on my research and the fact that my brother worked there for two years and has good things to say about it (he has no more stock, thank god selling his in the 50's). Perhaps a program sell of some kind because it doesn't make sense to me. Sometimes banks or institutions sell when a stock drops below a certain price nomatter what. Hard to believe shorts would want in down here. It was almost double this price just three weeks ago and no bad news. Anyway I grit my teeth and place another buy order. With that much cash AFTER a large down-sizing this micro looks like a premium bargain dog. ANyone else with a take on this one? Or like LU today (my other shaky weak bottom pick) it is just a matter of over-punishment. CSCO, SUNW, LOR and ADBE all recovering nicely. Cautiously hanging in there on those.