SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : New Dimension Software (DDDDF)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Michael Berkowitz who wrote (64)9/23/1997 4:38:00 PM
From: Michael J. Dando   of 209
 
New D also announced a strategic alliance with BMC today. Both of these news stories pushed the stock higher this morning, then complete idiots sold it off in the late morning and through the afternoon. I view both of these press releases in a very positive light, and the lift to the stock should have been maintained. I'd love to see the rational for selling this thing back to 21 1/4, given that these alliances guarantee that we just became a bigger business. I have not talked to the company yet, so I don't know how the $2.5 million is being paid to ENlighten, but my guess is it will easily be accomplished out of existing cash. For my money, I'd rather see New D buying market share and diversifying, than dumping the excess cash into short-term fixed securities. But then again, I've been telling people since $4 to buy this thing, and only a handful have listened. I guess its true: You can lead a horse to water...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext