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Technology Stocks : Ditech Corporation (DITC)
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To: KevinThompson who wrote (151)12/6/2000 11:18:55 PM
From: tejek  Read Replies (1) of 177
 
Is there something else we need to know, not yet disclosed?

Any comments?

The stock has been weak for a long time...I think the concerns relate more to the sector it belongs to rather than company specific. Most stocks in the sector got trashed because of the concerns over cell phones. I guess this is just more of the same. I have been stopped out of it a couple of times. I had thought it would base higher but apparently $18-20 will be the basing level. I also am hoping that the pickup with NOK and RFMD will begin to spill over.

I won't hold it again until it clearly breaks its downtrend.

ted
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