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Technology Stocks : DSC Communications
DIGI 0.00010000.0%Jun 3 1:06 PM EST

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To: Moe Damghani who wrote (2057)5/10/1997 9:39:00 PM
From: David Lang   of 4429
 
Moe - I agree. For what its worth....I don't think you'll see any "smart" money returning to this stock until they meet or exceed estimates one or two more quarters. Asssuming DIGI can accomplish this (i've been accumulating since late last summer---so lets hope it does -- soon)I think the following factors will act as catalyst for a move into and maybe through the 30's within 6-8 months:
1) investors will be willing to pay for projected 1998 earnings
2) fundamentals appear to remain strong with positive futures earnings growth
3) real money will begin to re-gain confidence and start accumulating at value prices
4) analysts who got burned 1 1/2 earlier by recommending this stock...will slowly but surely jump on the bandwagon again and add to the upside momentum.
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