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

To: Jeff Jordan who wrote (1413)5/22/1998 3:14:00 PM
From: VincentTH  Read Replies (1) | Respond to of 2020
 
Jeff,

<stock price around $14>

but the volume has dried up. A lot of bottom fishing are waiting for the last 10 mins before the bell. However, the stock may drop further from here due to margin calls next week.
This stock is very different than FPAM which tanked a couple of days ago. SMOD is still making money, no growth, but still at par with FY97.
Wish I have some more margin left.



To: Jeff Jordan who wrote (1413)5/22/1998 3:15:00 PM
From: Adam Nash  Read Replies (1) | Respond to of 2020
 
I think it is holding up at 14 because the market likes that price.

You get too many people like me who go OHMYGODSMODFORFOURTEENISABARGAIN!

Short interest is too small to account for holding. A lot of people are putting orders in for 14.

(Nice round number, makes it a nice 50% gain to get back to 21. 100% gain to get back to 28)

-Adam


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