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Technology Stocks : Data Dimensions

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To: Staff who wrote (703)4/18/1997 1:03:00 PM
From: TA Trader   of 4571
 
Staff, I know you don't really believe that Mr. Martin is stupid having just banked $5.7 million.
Here's my take on the news or lack of. In late fall, DDIM changed PR firms and hired Stern & Co. and almost immediately, there were no more current releases. By my count there was 1 from the release of the 3rd. qtr. earnings until the year end report. When it came time for the 4th quarter and full year results, all of a sudden there was a flurry of releases and follow-on news reports both before and after the release culminating with the split. Since then there has been little or nothing. My take is that this is the strategy of the PR firm to make a concentrated number of announcements around the earnings period. We all know that Martin does not like to deal with the financial community and does not "hype" DDIM. He really doesn't! As the earnings are due soon, we shall all find out if this is their strategy or if they have nothing to report which would not be a good sign for the bulls and conversely great for the bears. Stock has held once again, splitting the difference between 19 1/2-20 at 19 3/4. This backing and filling is currently positive for the neutralization of the past up move from 8 to 26 since December that must take place before the stock can move higher. Only time will tell in here. It's quite apparent that there are 2 schools of thought here; one that believes that the Y2K is way overblown and a minority view that the Y2k is the biggest computer challenge that the world has ever seen. I currently prefer to "take the road less travelled by" and hope I get that chance. In truth though, both sides have plenty of reasons to back up theri beliefs.
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