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: James Perry who wrote (1632)	7/6/1998 2:20:00 PM
From: J.Maz	Respond to of 2020

James, Thanks for the reply. First of all, I have no idea at all if AIM is right or wrong for holding SMOD. The fact is, it's likely the fund manager would have preferred that the stock did not tank the way it did. They maybe holding it now because they believe in the company long term, but I'd bet that he or she probably would have preferred the stock moving up to the $30 range or higher rather than having to hold onto it all the way down to 12. My only point in my previous post, was that after learning about AIM being underneath on the stock I don't feel as bad for making the wrong call for me personally by not selling it at 36. As for you, I would never say that anyone on this thread of any other SI thread was wrong about anything. I do not know what any other investor's objectives are, so it's inappropriate for me to say whether someone should or shouldn't have sold a particular security. In my case, I didn't buy SMOD to hold for any longer than 6 months because I like to turn the portfolio faster in order to purchase additional stocks. My best wishes to you for great success with SMOD and any other stocks you hold. JMaz

To: James Perry who wrote (1632)	7/11/1998 7:46:00 PM
From: Memoryman	Read Replies (1) \| Respond to of 2020

Rumor has it that Compaq is looking at a second source for memory. Most likely Celestica (CLS). So the stock may take some beating in the short term. But long term, with Compaq's channel inventory levels improving (which means that they'll buy more product instead of feeding orders from existing inventory) and with additional DEC's memory business, Smart will do well with increased business. I would wait for the second source to be announced and buy the stock when at bottom and laugh all the way to the bank in 6 months. Smart is a good company with long term growth prospects.