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

To: Andreas who wrote (1386)	5/22/1998 10:09:00 AM
From: B-MAN	Respond to of 2020

SMOD should rise towards the end of day as some Shorts will cover before holiday & long weekend; momentum/daytraders will also have to close positions... B

To: Andreas who wrote (1386)	5/22/1998 10:12:00 AM
From: Ed Diaz	Read Replies (1) \| Respond to of 2020

Overreaction? You bet. Time to buy? Don't be hasty. Although the other shoe has now dropped and we know the full impact of Asia and inventory supply problems there is no reason to buy this stock right now. IMO we are beginning our "summer swoon" and there will be some great bargains in market leading companies. For example why would anyone buy SMOD at $12-14 when they will be able to buy AMAT at $26-30? There will be many excellent values to choose from top stocks so why will anyone want to dabble in the smaller companies with limited upside? Round up as much cash as you can and get ready for the summer.