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Technology Stocks : Dialogic ready to soar, funds buying

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To: cecil who wrote (616)12/23/1998 12:08:00 PM
From: JH  Read Replies (1) of 674
 
Thread: DLGC's at $18 today, pounded down by tax-loss selling to a level that corresponds to a triple-bottom. At a P/E of 10.88 times prospective earnings, it's cheap! Both BB-Robetson-Stevens and Piper Jaffray have "BUY" ratings.

The primary overhead resistance (from mid-Jul-1998's peak of $40) is at $20-1/2. It this is broken, I believe that DLGC can easily retest recent resistance of $25.

That's an upside of $7, or 39%.
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