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

To: Tradegod who wrote (1353)	5/21/1998 5:26:00 PM
From: Adam Nash	Read Replies (1) \| Respond to of 2020

Sorry kids, but it is too late to sell. Market will have the price settled tomorrow at open. With .19 and then .26 SMOD is predicting a sharp drop next quarter with strong Q-to-Q growth after that. It will be interesting to see where 1999 estimates end up. if FY 1999 looks to resume growth, then I think it is too late to sell. Have fun. I'm holding. In 3 months when the dust clears and there is some more visibility, I might buy more.

To: Tradegod who wrote (1353)	5/21/1998 6:44:00 PM
From: Andreas	Read Replies (2) \| Respond to of 2020

You're absolutely right. This earnings report coupled with Ajay's six month doom and gloom report should drop the stock down into the high teens (50% drop in price in three months!!!) . As I have stated before, earnings and earnings alone will bring this stock back up. And guess what? The earnings ain't there in 1998!! So much for all the hoopla in January when the stock was going up to $36 in intervals of $2 to $4 a day. Then it was crash and burn time. This stock is too thinly traded and too dependent on market makers for anyone to make money absent holding on for the long-term. At this point you're looking at 9 to 12 months before you see $30.00/shr again. Furthermore, there are some fundamental changes that appear to be going on. It appears that compaq is slowly but surely sourcing away from smod. There appear to be quality and delivery problems. In my view there are a lot of internal manufacturing problems that the management of smod refuses to disclose. They should disclose and then inform shareholders as to their plan to remedy the mess. This is simply not happening. Everyone and I mean everyone is in the dark. Investor relations stink! With this kind of environment demand will continue to drop and with it smod's stock price!!