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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (37740)3/6/2002 3:02:11 AM
From: limtex  Respond to of 99280
 
Zeev rmember our first encounter over SNDK. Thats where I first noticed you have a real feel for things.

Well I must say that I ahve liked SNDK over the years. But obviously in the slump in Q1 last year the stock fell right back and again when the mad dog mass murdering maniacs were carrying out their religious duty last September.

I have looked at SNDK as a sort of mini QCOM since about 1997. Eli Harari changed the wworld in his own way. Today I wonder what to do with my Leica M6.

But since October I have been infected with the dire negativism that pervades the lives of some of the posters here and I thought that SNDK is:_

1. a Semi

2. Unprofitable

3. Eli doesn't seem to know that his sales collapsed two weeks after he said things were great in in the beginning of Q1 01.

4. They just had a Convertible issue

5. They sold off the Virginia plant that was hyped as such a big deal only months ago

6. They wwere draining quite a bit of cash in losses.

So armed with my new realism that I gained from all the realistic poster here I thought SNDK was a dead duck.

So what am I saying. I am saying that people are clearly going to buy tech stocks again and as and when they do the market is going to recover and that in so doing 3,000 is a given this year given the strength of the recovery.

The only two things that can prevent this imho are :-

If the mass murdering maniac scum get another call from their god to go out and perform mass murder again ( which by the way I have no doubt they are sitting in their lairs likcing their wounds and praying for guidance right now) and probably more urgently:-

A round of protectionism startingwithin a month as a result of the steel duties imposed yesterday.

Other than those two imho the market is set to recover stronglt and I offer SNDK as one small readson why.

Best,

L