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Technology Stocks : Data Dimensions
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To: Jalali who wrote (1680)6/8/1997 2:08:00 AM
From: Kerry Lee   of 4571
 
<<Boy! Based in this report I think, I will buy a ton of DDIM.
What a great Company, PE of 250, and selling at 15 time sales.
DDIM has never earned a real nickel, only reported profits with accounting trickery.
(deferred expenses).
Go look at DDIM's Cash Flow Statements for the last 18 months, ever month they
bleed more cash.
Next quarter will show DDIM's lack of real earnings. They cannot defer a half million
for Ardes like they have the past three quarters.
Why do you think insiders are jumping like rats off a sinking ship?>>

Jalali, I have been silently following this thread for about 2 months and I finally could not resist making an observation.

Firstly I have no position in DDIM, although when it was recommended to me it was trading at 19-20 and I did not pull the trigger. Actually I agree that it is overvalued but so what?
What price did you originally short at? Since you seem to post so often here and for so long, I assume you are in the hole bigtime. This is a story stock and the Year 2000 story will only get stronger as we get closer to D-Day.
A smart trader who might have discovered this stock just 2 months ago would have bought at 20 and rode it to 30 for a nice 50% profit. Not bad. Then that same smart trader might have shorted it at 31. I won't post here anymore. Have a nice day :-)
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