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Technology Stocks : Storage Dimensions - STDM

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To: kvogel who wrote (82)6/12/1997 8:41:00 PM
From: Sparky Beardslee   of 311
 
I have to agree, today was interesting. The mm's raised the bid from 5/8 on Wed. to 3/4 at the close, only to raise it to 6 prior to the open today. This bodes well for the stock. I don't think we will see 5 1/2 again. I don't think the stock is going to zing to $7 near term, but there doesn't seem to be much risk here if you like to wait. I may buy some tomorrow since we are going to wait til earnings anyway. The market is having a blow-off with a flight to "perceived" quality and safety. The net is in place. I think we are going down. I am a bargain hunter, so STDM looks good here.

Sparky
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