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Microcap & Penny Stocks : Simtek Corporation -- Ignore unavailable to you. Want to Upgrade?

To: NAG1 who wrote (2493)	5/25/2007 2:53:37 PM
From: Crony	Read Replies (1) \| Respond to of 2619

That's what I said. We are going to be in this range until the company tells us about q3. Which will happen not earlier than in July. Until that happens I don't see why anyone would want to buy the stock. q3 is very important: for the company to achieve $40 mln in revenues for 2007 must mean the q3 should be about $11 mln in revenues. If they confirm this - the stock should move closer to $10. If they project less than $11 mln in revenues for q3 means their future not that bright as we all expected. I am not a huge chart expert, but it looks like there is a good support at $5 and $4.5 levels. But there is not much support from $4.5 to $3.5. Don't think we go there unless the company issues some disappointing news. But I don't see what it can be since the products are fully qualified and there shouldn't be any surprices on that part. And the current stock price (I think) prices in less than stellar growth so even if they revise the quidance down a little the stock shouldn't go down much. As for the upside, the resistance is not an issue if they confirm the $40 mln guidance. When the future is bright people don't sell the stock even if the chart says they should.