SI
SI
Advertise on SI

 Technology Stocks | Stormedia STMD


Previous 10 | Next 10 
To: Buzz Mills who wrote (197)10/30/1997 5:00:00 PM
From: Buzz Mills   of 336
 
STMD closed @ 4 5/8, -9/32, Bid 4 1/2 x Ask 4 7/8...Vol..125.6K

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (2)

To: Buzz Mills who wrote (199)10/30/1997 10:16:00 PM
From: Jim Lou   of 336
 
Buzz, we seem to be under some downward pressure. But, the upside potential is higher. SEG did not turn around yet, once they turn around, you'll see this tock move up.

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)

To: Jim Lou who wrote (200)10/30/1997 11:26:00 PM
From: Buzz Mills   of 336
 
Jim, when SEG begins recovering I'll be a buyer of STMD stock. I am guessing we will see a marked improvement towards the end of the first quarter. The estimate for the current quarter is -0.15 and as low as that is, it is a great improvement over the last two quarters. STMD is getting lean and mean.

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)

To: Buzz Mills who wrote (201)10/31/1997 9:41:00 AM
From: Sean Reilly   of 336
 
Buzz,

"STMD is getting lean and mean" Buzz STMD is also getting very broke, they mentioned in the last 10Q that they may need to do some equity financing, time is not on our side. ...Sean

Share Recommend | Keep | Reply | Mark as Last Read

To: Buzz Mills who wrote (199)10/31/1997 5:17:00 PM
From: Buzz Mills   of 336
 
STMD closed @ 4 11/16, +1/16, Bid 4 5/8 x Ask 4 3/4...Vol..61.4K

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (2)

To: Buzz Mills who wrote (203)10/31/1997 8:14:00 PM
From: Jim Lou   of 336
 
SEG and WDC are both low at this time. Once they turn around, STMD will follow. For the time being, they should at least build a company WEB site. Those guys are really slopy, aren't they.

Share Recommend | Keep | Reply | Mark as Last Read

To: Buzz Mills who wrote (203)10/31/1997 8:27:00 PM
From: Jim Lou   of 336
 
STMD is heavily shorted:

10/97 446,323 (shorted shares)
ÿ
09/97 262,983 ÿ
08/97 224,496 ÿ
07/97 161,689

Once shorts cover their shares, we could see a big pop.

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)

To: Jim Lou who wrote (205)10/31/1997 9:43:00 PM
From: Buzz Mills   of 336
 
Jim, more than likely the short position is a lot less now--the short interest is calculated as of the 15th of the month and with STMD reporting on the 22nd and the Asian market situation of this past week, I would expect most of the shorts have taken advantage of the situation and exited --stage left.--I could be wrong but I always figure they take their money and run--at least that is what I would do--I don't think STMD has too much give left in it at this price and it would hardly be worth it to the shorts to stick around any longer.

Happy Halloween,
Buzz

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)

To: Buzz Mills who wrote (206)11/2/1997 6:04:00 PM
From: Jim Lou   of 336
 
Buzz, I hope shorts are still here digging in. :) There is are good words about WDC and the DD sector in Baron's. The turn around is seems to be coming.

Share Recommend | Keep | Reply | Mark as Last Read

To: GSH who wrote ()11/8/1997 12:51:00 AM
From: James   of 336
 
Hello All:

Anyone know what's causing this stock to continue to hit new lows?
Also, what's hapening with interest in the discussions about this
stock,lately.

Jimmy

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (2)
Previous 10 | Next 10 

Copyright © 1995-2013 Knight Sac Media. All rights reserved.