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Technology Stocks : Summit Design (SMMT)-Another EPIC? -- Ignore unavailable to you. Want to Upgrade?


To: Claude Edelson who wrote (51)3/25/1998 5:04:00 PM
From: Andrew Furst  Read Replies (1) | Respond to of 100
 
SMMT's share price is slumping, though on low volume. Could this be the effect of those shares registered for sale trickling into the market? Or disappointment over the "insider selling"? The insiders will still hold a very large stake in SMMT, from what I can tell. And with a current (closing) "asked" price of only $13 5/8, SMMT seems to be a huge bargain here. Mid and long term investors should be rewarded if they buy here, IMO. And perhaps the short term won't be bad either, especially when earnings are announced in a month or so.