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Technology Stocks : Daw Technologies DAWK
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To: oscairo who wrote (527)2/23/2000 11:43:00 PM
From: Marshall  Read Replies (1) of 607
 
Short term? Considering the fab construction cycle I'd expect it to be a good investment for at least a year, possibly longer.

Not a bad day, I kind of expected it. There were surely a lot of MMs selling the stock as a naked short into Friday evening and Tuesday's run, today they were buying many of those "shares" back at a lower cost, pocketing the difference and not having to actually produce all of them. Also, as I suspected, support appears to be around $2 1/4 so any dips under that level are probably outstanding buying opportunities.

Additional news, however, and that support level will likely rise.
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