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Strategies & Market Trends : The Amateur Traders Corner

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To: Tom Hua who wrote (320)8/22/2000 7:41:47 AM
From: Rajiv  Read Replies (1) of 19633
 
As Allen has pointed out, lockup for 23 million shares of DTHK expires tomorrow. Current float is around 5 million shares

Goldman Sachs upgraded it to a trading buy last week. GS usually follows a trading buy reco with a downgrade back to the original rating.

I don't see anything unique in DTHK's business model even though it is 1+ billion market cap company with only 7 MM in quarterly revenues.

Possible short-term -ve factors
- Fed Rally
- Pump PRs from DTHK.
- Possible Pump reco from Chase H&Q. Their venture fund division owns a sizable chunk of DTHK.

I am hoping for DTHK to go below last week's lows.

Regards,
Rajiv
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