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Strategies & Market Trends : Range Bound & Undervalued Quality Stocks

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To: JakeStraw who wrote (4326)	5/19/2001 1:16:56 AM
From: BWAC	Read Replies (1) of 5499

Jake, Did you know or have you noticed that DSET is trading at $1? I took that one off my list and I was revisiting old ideas tonight to either throw away permanently or take a new look at. DSET at $1 struck me as interesting. From a pure speculation standpoint. Do you have any idea what happened to them? Just a market symptom? Offhand looks like revenues fell off the table. BUT they still have $2.50 in cash and no debt. Last earnings report in late April stated that they expected a turnaround by year end and a return to profitability with revenues of $10 Million per quarter. (Current was 3.5 Million). Anyway end of year cash was projected to still be about $1.80 per share. Bargain? Or Bait?

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