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

To: Andreas who wrote (1616)	6/29/1998 5:40:00 PM
From: Jeff Egg	Respond to of 2020

Andreas you write: "In all due respect, your opinion, although logical and probably correct in a hypothetical/academic sense, is quite irrelevant. Wall Street is far more democratic than even our own form of government and believe it or not - on Wall Street majority truly rules. If the market says that smod is fairly valued at $14/shr (given the facts as we know them today) then it is fairly valued indeed. Our individual opinions are really quite meaningless. Wall Street and in particular the market makers in this thinly traded stock will tell us what the current price will be". Andreas, I have no problem with your opinion on the value of SMOD. However as it relates to the market being an accurate measure of the companies value in the short run, especially when some well run and healthy mid and smaller cap companies lack sponsorship in these market conditions, I have to side with Peter Lynch over your opinion. "Often, there is no correlation between the success of a company's operations and the success of its stock over a few months or even a few years. In the long term, there is a 100 percent correlation between the success of the company and the success of its stock. This disparity is the key to making money; it pays to be patient, and to own successful companies." Peter Lynch 'Beating the Street'