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Technology Stocks : Data Dimensions

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To: Staff who wrote (939)	5/1/1997 2:39:00 PM
From: Imran	of 4571

I am not underestimating the shorts, but on the other hand don't underestimate the stupidity of the market. Remember Presstek? Sometime last year it was trading in the 70's and people were shorting it like crazy. When it went to 100 more shorts came on and some were calling it a gift from God. I wonder what happened to those shorts when it went to 200? Granted the valuations were insane, but they were insane at 75, 100 and 150. Many shorts were forced to cover due to margin calls. The point is if you think valuations on DDIM are nuts right now, what will happen if they get a real contract from a real company. That's all it would take for this company to meet it's estimates next quarter, which are only $0.03

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