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

To: michael modeme who wrote (1901)	2/17/1999 6:35:00 PM
From: Tradegod	Read Replies (3) \| Respond to of 2020

It was the best of times.. It was the worst of times Have rode this puppy (this time around) since November. Just listened to the conference call and, well, what you gonna do? Negatives: Missed estimates. didn't warn, tech sector weak. Post from YHOO seems accurate, word leaked that they were going to be 2-4 cents shy. Who knew and who leaked? Positives: Missed do to new rampup, not business decline. Upbeat outlook, cheap valuation, good growth prospects, risk reward seems mitigated. Large short position, Company has 3.4 million of a 4 million share buyback available to purchase. Could ratchet it up tomorrow. If we were around 26, I could see a 5-8 point drop. From 13 3/4, maybe its over. I know I'm not selling tomorrow, and am more inclined to buy now than I was the last couple of days.

To: michael modeme who wrote (1901)	2/17/1999 9:45:00 PM
From: Mark Peterson CPA	Respond to of 2020

Mike, I have an SMOD position too: just 4,000 long. Just for discussion purposes, if their report was so great, why did the stock settle to the bottom of the toilet? Apparently sellers of approximately 830K shares today didn't think the earnings were all that great, despite the increase in revenues. Am I impatient? I don't think so. I've owned this stock for nearly two years. IMHO, I think there's a leadership problem because with all of their business partners, their position in technology, and the prospects for future top line growth, the company should be impressing the hell out of analysts and shareholders alike. So, what's going on? Is management too arrogant? Too entrenched? Own too many shares and don't really give a rip because they couldn't put it to the market without driving the market value below where it currently sits? So, if they can't convert their investment to cash at some reasonable price, then we can't either? I've tried to wish this stock up but it isn't working. Guess it gives new meaning to the old saying, "If wishes were horses, then beggers would ride... Best regards, Mark A. Peterson