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Technology Stocks : Dialogic ready to soar, funds buying

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To: Jay M. Harris who wrote (227)3/26/1997 1:52:00 AM
From: Robert Floyd   of 674
 
Great post Jay...helps us all to keep things in perspective. Like you, I have placed a substantial bet on DLGC, and it can at times be very frustrating to watch a company like Goldman Sachs unload a 1.3 million block of shares. One cannot help but to begin questioning a move like that, and it is during these potentially emotional times that investors dump good stocks.

The same thing happened last year with INTC. I have to admit that I unloaded one half of my position during that temporary blip to my own peril (I think I learned my lesson). I do not want to do the same with DLGC, as I do not believe that current prices fairly value this company.

Sometimes price weakness and brokerage selling like Goldmans's is indicative of problems to come. I do not believe that to be the case here, but most of us cannot help but question such a move. Fear, uncertainty and doubt seem to be the rule of the market lately.

Thanks for reminding everyone that discipline and patience are needed here. Ultimately, being #1 in their respective market, along with continued marketing success will lead to higher earnings and better return to shareholders. As you have stated before, patience and discipline are needed to realize the full value of this company.
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