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To: orkrious who wrote (19904)10/19/1998 1:57:00 PM
From: Greg Jung  Read Replies (1) | Respond to of 25960
 
Jay we are up from 6 not 6 3/4.
It was available for quite some time at 6 1/8 on capitulation day.
We've now worked through 9 level the price can jump as it hits pockets of low overhead. Steadily rising. The production race appears to be on again in memory fabs.
The desperation low prices can always be recognized as undervaluation but there are so many without the means or patience to hold their position. See companies such as CIEN, XYLN, FORE. Hopefully such devastation is past for the smaller companies but still possible for the larger names.

Greg