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Technology Stocks : Dallas Semiconductor: Time to Buy

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To: Giorgi who wrote (77)7/21/1997 12:19:00 PM
From: B.G. Galbraith   of 160
 
DS price rose before earnings in anticipation of beating estimates. I think that their earnings, while good, were slightly disappointing to many with unrealistic expectations. Also MSFT's dissapointing earnings drug the whole tech market down . This, combined with the expectation that the DOW was due for a drop, led to the selloff, (IMO). I'm long and untroubled. This is just temporary.
BG
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