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Technology Stocks : Data Dimensions

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To: Jumper who wrote (3992)12/18/1997 1:26:00 PM
From: Staff  Read Replies (1) of 4571
 
After closer review of some big time legit companies, I have to revise my downward target on DDIM from $12.00 to 12 cents.

Pre and actual earnings released that were a little shy of expectations have not been very pretty.
Take a look at ASND, CSCO, ORCL just to name a few nice companies that have been crushed..

Heck even "Famous Dave's BBQ" got the "well done.. Stick a fork in me I'm done " award this week losing 44% in one day.

Look at Greentree financial ( super solid for years)from $50.00 to 20 and change in a matter of days.. Funco from $25.00 to $13.00 in a week and the list goes on. All good companies that just missed the marks as per the expectations.

The DDIM boys have one bad quarter and it's BB listing time gang.

All these companies were well capitalized and had respectable PE's to start. All had with good products not some vaporware with a year 2000 expiration date on the lable..

DDIMno better than a snow balls chance in hell of ever hitting the business plans expectations at this point. The story line, the hype , the whole Y2K deal is just plain tired. It's beginning to show big time...

really gang IMHO...you have to out of your mind to be buying this thing.
Then again... lots of goof balls who still have just enought greed to think its going to somehow rise from the ashes.

It's only a matter of time and based on what's going on... it is not going to be pretty. Well... unless your short <gggg>
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