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Technology Stocks : SBS Technologies (SBSE) - Undiscovered gem -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (1270)6/25/2004 11:16:50 AM
From: Christopher Brainard  Read Replies (1) | Respond to of 1540
 
Hey Bob,

I'm happy your bullishness has turned out to be the correct play on this stock, but I will not be chasing this stock as it rebounds. In fact I will be using the price advance as an opportunity to sell the remainder of my positions.

As we move past $15 I have two shorter term positions to sell. If we get back to the $18 area I plan to sell my entire nine year old position.

I know you use tea leaves to help manage your holdings, I go more with my gut feel on companies and my gut feel on this stock has now changed. I know insider selling can come about for many different reasons, but the actions by Chris Amenson have dramatically changed my expectations for the outlook in 2005. If my concerns prove to be wrong then I will be well positioned for the next buying opportunity.

Chris