We have had an interesting day so far. Looks like MM took out stop loss orders down to 23(very interesting). I bought 500 more shares today at 24 5/8. If we close above $25 then it really appears we have a double bottom here. Could be hitting $30 again in early July!! If not there should be very little down side left. Very few sellers left. There was a big block of 25000 shares put up earlier at 24 7/8 and when we get through that by days end then $25 will definetly be the bottom. Good luck all longs!!!
**The Company believes that the die sizes (the physical sizes of its complete, unpackaged, memory circuits) of many of its products are smaller than those of competing products, providing the Company with a key competitive advantage. **The Company has sampled the 8 Mbit product with access times as fast as 80ns, and has achieved functional silicon on 4 Mbit product. To date, the Company has not derived significant revenue from flash memory products. **While the Company plans on continuing its effort to produce an IPRP product, there can be no assurance that the Company can or will do so.
**During fiscal year 2000, the Company moved all of its SRAM production out of Taiwan. The Company intends to sell its remaining SRAM inventory that was manufactured in Taiwan outside the United States.
One could only hope the Reddys would sell. In that case this stock would be to 60 overnight. If you think 20, then you must be short max including the kids...Good luck...hope you dont get caught with a gap up...I already have kids of my own. In the meantime I am very comfortable with my 15k @ avg price of 25 7/8.