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November 22, 2005

Update on SFUN, Tues., Nov. 22, 2005, 1:24 PM

Marksman has sent a link to a blog called IPO Trader. The writer there seems to have done some homework re Saifun Semiconductor.

Required reading, students.


Posted by Posted by Bill Cara on November 22, 2005 01:26:21 PM | Category: Flash Memory

Discourse

As the writer of that sfun piece, want to say thanks for the mention in your blog.

wanted to stress that while I'm very intrigued by sfun and feel the possibility is there for this to be a big winner long-term, currently it is just that: promise. An awful lot of immediate good news was priced in there $35+.

Even here at $28 1/2 it is a good $5 above pricing. Is it a good buy here? I think yes it's a good speculative buy here and as mentioned in my analysis I think under $30 might be a good spot to take some and tuck it away. $25 or so would be ideal, thus far it has not traded there.

time will tell and there have been many tech ipos with great promise that went unfulfilled. We don't know yet how SFUN's future plays out.

Bill

Posted by: Bill [TypeKey Profile Page] at November 22, 2005 5:39 PM [link]