Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jeff Jordan who wrote (1608)	6/28/1998 3:56:00 PM
From: Adelantado	Respond to of 2020

This is from the Fool on May 22nd: "computer modules and flash memory card maker SMART Modular Technologies (Nasdaq: SMOD) was crushed $7 11/16 to $13 15/16 after reporting fiscal Q2 EPS of $0.30 versus $0.22 a year ago, missing the Street estimate by a penny. However, the company said it sees an "uncertain" business environment over at least the next two quarters and consequently is expecting Q3 EPS to come in around $0.19 and Q4 EPS to be close to $0.26." Did the market over-react or did the market reflect the true value of SMOD with the news of uncertainty? My guess is that it over-reacted making SMOD a bargain hunter's dream...and remains so to this day. With time, the uncertantly declines to permit the price to return to reflect its true value (with respect to the market's other opportunities and risks). Joe.