Duraswitch (DSWT, formerly DRA) - Switches are everywhere Message Board

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Technology Stocks : Duraswitch (DSWT, formerly DRA) - Switches are everywhere

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To: D.B. Cooper who wrote (4)	7/27/2001 5:18:09 PM
From: danofthebes	of 6

Targets I bought in under 10, have taken some profits at 14 and letting the house money ride. I see good support at 12-13. After that 9. With the Delphi contract and equity interest, lots of licensees, and license revenue due to start showing up on the income statement in the next 6 months, I think downside risk is limited. With 80% margins and no mfg overhead, if the economy turns around...Don't really have an upside target, although I'll be tempted to do some profit taking if it pops to 20, looking to buy back on a pullbacks. Check out the 2 year chart. Seems to base in $2-$3 range for several months, breakout, establish a new range and trade there for a while. Since delphi bought eaton and wants to be a gorilla in the switch market, a buyout is not out of the question, but that is just speculation. Will be swing trading on news and earnings while maintaining a speculative long position with a cost basis of 8. Willing to wait on this one, it's good for my blood pressure so far.

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