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


To: Crony who wrote (2524)7/30/2007 9:12:37 PM
From: NAG1  Respond to of 2619
 
Crony,

I can't watch things that closely right now but for the short term outlook, there are some that are voting with their feet. It doesn't feel like any of the real big shareholders are selling here. There are some that don't like decreased guidance and I can understand and respect that. But for me, the story seems to be intact with significant growth last year and still some significant growth this year despite a slowdown in the industry that Simtek sells most of its chips into.

I happened to look over at the raging bull simtek board and see the piling on about HB. I don't care if people do that but it is interesting that they don't just sell. If I don't like management or I don't like where a company is going, I sell the stock and move on. A couple of posters have a personal beef with HB and are continuing the battle in public and the rest are piling on. What I find interesting is that when their friend was running the company, no matter how bad the info on Simtek, they always made it sound good. Now, that someone they don't like comes in and actually has some good results but has disappointed on the growth front the first part of the year, the sky is falling. I happen to thing that if HB hadn't stepped in, Simtek would have been bought out by Cypress at a price south of where it is now, it would be bankrupt or there would be double the outstanding shares related to the dilution needed to raise cash to keep the company going. That is just my opinion on the matter. I will be holding my shares and watching for a point to possibly buy more. I don't like to try to catch the falling knife.

Good luck out there,

Neal