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Strategies & Market Trends : Value Investing

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To: David who wrote (8060)8/27/1999 2:08:00 PM
From: Paul Senior  Read Replies (1) of 78913
 
Yes David, I still own DAIO. My cost basis is higher than yours; I'm still holding but thinking of selling. Net-net looks about $2 for the stock selling at $1 3/4. They've got losses, inventory increases, business model changes, and probably all the other troubles a small company faces when their back is to the wall. Were I you, I'd take my 50% profits and move on.

I wouldn't be buying DAIO at its current price at this time.
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