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

To: J.Maz who wrote (1398)	5/22/1998 1:40:00 PM
From: Tradegod	Read Replies (2) \| Respond to of 2020

I would agree with your last paragraph. Although the sector looks bleak for the summer, Ajay went directly out on a limb with specific earnings guidance. I would believe that he is highly confident of achieving this. Therefore, come October, you would have a company earning .26, which is up almost 40% sequentially from the .19 in the July quarter. I also read one analyst's comment today that the worst of the inventory glut of memory seems to be passing. Therefore if the outlook is better by October and it hits the .26, this could easliy be a 26 dollar stock. At 26, that's just about a double in 6 months. I'm buying October 15 options.

To: J.Maz who wrote (1398)	5/27/1998 7:30:00 PM
From: Buzz Lightyear	Read Replies (1) \| Respond to of 2020

Hey JMaz, I tried to forget about the market, and think of "happy vacation" thoughts. Sold everything last Friday, 100% cash. Then over the weekend I research a relaxing itinerary on Crete island, 4 weeks in the sun sight-seeing, partying, and relaxing on the beach. Now after a few days out of the market, I'm having second thoughts, might just do a 2 week vacation in the states, also. This market is just too volatile and exciting to leave behind. Sounds like we both took it on the chin in SMOD. Looking at it in retrospect, I guess there were some pretty good signs of slowing growth, never thought it would get as bad as AJ projected in the conference call though. I'm not sure about the company anymore, of course with past experience that is the time I should buy, but after watching ADPT's steady decent I'm not sure. Somebody mentioned something about quality problems at SMOD. Is there any confirmation of this? Seems like there has got to be a better explanation for what has happened. Well, if I see negative breadth over the next week in a half, I'm out of here. But right now with all these markets dropping, I'm thinking we might see some big cash inflows into the US. So I have postponed the trip. Anyway, take care