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Synaptics Inc. Message Board

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  • gladysschool gladysschool Dec 1, 2004 9:46 AM Flag

    AH!!

    The knee-jerk negative reaction to the proposed offering makes no sense.

    It is like a homeowner applying for a home equity line of credit -- before stating exactly what home addition is planned.

    This only becomes bad news when one hears the extra debt is being used for something stupid. With the track record of SYNA the past several years, one can be fairly sure the additional cash will be used wisely.

    Those jumping now are either simply following market mechanics or not well educated on the strength and momentum of the company.

    Today's silly sale is a nice buy opportunity for those who have been waiting for a market dip.

    G

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73.00-1.94(-2.59%)12:47 PMEDT

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