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To: Gurupup who wrote (1801)1/13/1998 6:19:00 PM
From: rogermci®  Read Replies (2) | Respond to of 7111
 
You're right Skip, the sellers have no relation to the company. Bob Davids and David Howell--3 weeks ago you stated a stock buyback would be undertaken given the right circumstances. Well, we on this thread have a problem. At this particular point in time, to put it as simply as possible, there's more of them then there is of us. I was buying in size today and it made no difference. We Need Help!
You don't have to shoot your wad but a 100,000 share order would certainly stem the tide. A reasonable deployment of capital?

Roger



To: Gurupup who wrote (1801)1/13/1998 7:14:00 PM
From: Gary105  Respond to of 7111
 
Skip, agree with you on the fundamentals. In reading minutes of conference call, it seems that this Q may be the slowest of the year and we should still see triple digit growth compared to year ago Q. At least 2300 workers (I assume 3300 in minutes were typo) to Chinese New Year, then increasing after Chinese new year (ie 2nd Q), then using additional new capacity in Q3, then more additional new capacity in Q4. Both products and production capability say we go to about $2.50. Trailing p/e of 10 and forward p/e of 5.5.

Chart is reminiscent of SDRC of a couple of months ago - swift drop phase followed by recent equally swift upward phase. What marked the bottom was buying by highranking company officer(s) - it certainly attracted my attention.

All imo,

Gary