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wadegarret

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wadegarret

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Monday, 06/19/2006 10:45:07 AM

Monday, June 19, 2006 10:45:07 AM

Post# of 173772
SIMC is faltering lately

This stock hit $12.85 a few weeks ago and is now $9. It has held up pretty well lately, but is now appearing to want to go lower. I bought back in at $9.50, so not happy to see the downward pressure. I feel the stock could hit $8- $8.50, but that should hold as a low being the incredible sequential growth and a 10 PE going forward taking the proforma number of $.22 for the Mar qtr. Wade

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