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

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To: Taby who wrote (2070)5/15/1997 12:54:00 PM
From: DanZ   of 4429
 
Taby,

A little bit of trivia in case you didn't know. DSC Communications used to be named Digilog, or something like that. That's where the DIGI ticker came from. But I agree with you, DSCC makes a lot more sence and would avoid the constant confusion with DGII (Digi International).

Technically, the stock held support at 20 3/4 and is making another breakout attempt. Based on my read of the chart, I think there's better than an 80% chance that it will break out this time. The weekly bollinger bands have narrowed considerably, and the stock has good daily relative strength. Next target after closing over 23 is 25 1/2, and over the next few months, I can see 30.

Good luck to all. I don't have any DIGI right now (although the Z portfolio does)...been playing too many other stocks lately, although I think it looks real good.

Dan
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