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

To: gmccon who wrote (1455)	5/25/1998 11:38:00 AM
From: MileHigh	Read Replies (2) \| Respond to of 2020

Quick analysis (not perfect but nonetheless proves value, IMO) Shares Outstanding= 42.9 million Current Share Price = $13.75 Current Market cap = $590.00 TTM Sales = $804 million Current P/S ratio = 0.73 (Bargain) Granted, this is using ttm sales, but even if they come in below $804, say $720 (10% reduction, which I find unlikely LT) we are still looking at a P/S of 0.82! Load up and be patient, can we go lower sure, but I don't know anyone who can call the bottom exactly and with assurance! Just one persons opinion. Caveat Emptor!! MileHigh

To: gmccon who wrote (1455)	5/25/1998 11:43:00 AM
From: MileHigh	Respond to of 2020

gmccon, I also believe your theory on HWP is correct, SMOD did not run "up" prior to earnings it ran "down", therefore there was no expectation built in the stock. Look at Dell, beat expectations, and the stock falls for a few days as it had run up on posting an even "higher" EPS number, it did not and, therefore, the sell off.. I am going to look into MU and NSM P/S's ratios and post for analysis (sure these guys are pure chip producers, but I will use for analysis). MileHigh