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Technology Stocks : Smart Modular - diamond in the rough? -- Ignore unavailable to you. Want to Upgrade?

To: Tom Gebing who wrote (1351)	5/21/1998 5:03:00 PM
From: Tradegod	Read Replies (2) \| Respond to of 2020

My understanding was that it was down on a fear of missing this quarter. To forecast 2 lower quarters is honest but not encouraging for investors. Last July, I believe they made .34 (.68 pre split) The stock was then at 24 1/2 and gapped up from there. To come in at roughly half that number doesn't hold well for a growth company. PE multiples get thrown out the window because the perceived growth rate is not there. Furhermore there is the punishment factor. It's similar to the disk drive makers. Makes me wonder if the box makers are next.