Digital Equipment Corp. (DEC) Message Board

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Technology Stocks : Digital Equipment Corp. (DEC)

DEC 15.04

+2.0%

Nov 28 9:30 AM EST

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To: Tom M who wrote (2772)	1/23/1998 9:28:00 AM
From: Charles Skeen	of 3276

Re: <<Are any of the regulars still loading up at these prices?>>> This move has been so swift and unrelenting -- it just blew right by without my being able to add on at all. Fortunately, my current position is quite adequate, one of my largest holdings. But what a move! Up 8 straight days for a gain of 28% from the 1/9 closing @ 35 1/8. While I still think thre is major resistance at 49-50, I think some consolidation around current levels (44-46) is likely. But I think that finally DEC is getting some good earnings visibility (despite lowered estimates for this quarter and next) and longer term, I think that we can look forward to much higher prices. Charlie.

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