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Re: DoctorBS post# 178256

Saturday, 12/06/2003 3:57:02 PM

Saturday, December 06, 2003 3:57:02 PM

Post# of 704041
So, flash stocks (SNDK, LEXR, FLSH, STEC) recent 25% haircut can't be credited solely to concerns over spot prices? Interesting.
Also interesting to note that Hambrecht, who put a sell on LEXR back on Oct 8th (causing an appx 3 pt drop in one day), came out an said that the current drop, due to invalid concerns about spot prices, is a buying opportunity for both LEXR and SNDK. Note that it was a different analyst from Hambrecht.
FWIW, all of these stocks, except LEXR, had lower (near term) lows yesterday. Perhaps that's due to the STEC settlement, or (less likely) some weekend short covering due to recent rumors about INTC being interested in LEXR.

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