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

To: slipnsip who wrote (1465)5/26/1998 9:56:00 AM
From: Neil H  Respond to of 2020
 
All

I think the stock is nicely valued in the 14 area and the drop was over done. I guess the company does too as they are buying back up to 10% of their stock. Bought in today. Hope to sell in the low to mid 20's before ye. To me this is a nice gain.

Note that Jabil did much the same thing recently as SMOD. Nice earnings but cloudy near term forecast. Same drop from 40's to 30. It quickly popped to mid 40's and is now in mid 30's.

Regards

Neil




To: slipnsip who wrote (1465)5/26/1998 9:58:00 AM
From: DaveMG  Respond to of 2020
 
Managment owns 20 mil shares which leaves 22 million shares on the "open mkt",otherwise known as the float..

Dave


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