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Technology Stocks : SBS Technologies (SBSE) - Undiscovered gem -- Ignore unavailable to you. Want to Upgrade?

To: Christopher Brainard who wrote (676)	10/14/1998 5:28:00 PM
From: Tom Latham	Respond to of 1540

Stock got the flu, see the puke. get the rag and bucket and mop. This mess should be cleaned up in a few days but there was a lot of vol to digest. Your 12 could be hit in 3 to 5 days of churn but bigger long term buyers will need to hear Oct 20 news and anal-ist commentary. Till then bottom fishers and momentum players/scalpers will be the swings.... Good luck to the l/t holders and hang in there. Ain't the market a terrible thang...... A good sign would be an up opening tomorrow to validate the overkill then a few days of uptrend to break the dn/trend and prove today as bottom and major pivot. good luck all, Tom @ Moses

To: Christopher Brainard who wrote (676)	10/14/1998 10:22:00 PM
From: Wowzer	Read Replies (2) \| Respond to of 1540

Conference Call replay number is (800) 633-8284, access code #1681869 for anybody who is interested. I think todays sell off was a massive over reaction (ie panic and ask questions later). Went long today at 9 5/8. Currently trading under book value and only 5.5 times lowered expected earnings of $1.70 to $1.85. Which according to CC are very conservative estimates because they don't want to have to go through this again. CEO Chris Amenson sounded very confident on CC and is either a hell of a politician or actually knows his stuff. This company is still expected to do $100 million plus in revenues this fiscal year compared to last year's $74 million. I wouldn't exactly call that falling of a cliff like the stock price did today. Operating cash flow is to still expected to be around $3 to $4 million per QUARTER or $.54 to $.72 a share. This isn't some fly by night company who just lost it's only customer. No one customer makes up more than 5% of their business. First time in at least 6 years this company has traded below book value and I bet it won't last long. Rory