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Technology Stocks : Storage Dimensions - STDM

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To: Dan Celestino who wrote (221)9/23/1997 6:38:00 PM
From: kvogel   of 311
 
There have been almost no buyers and some moderate sellers (3000-5000 sh blocks) so the stock is looking pretty bad. Technically, it is important for STDM to hold at these levels or the uptrend will be broken. I don't expect any downside surprises so the company should make .08 -.10 this quarter which will represent substantial improvement. The Fall quarter is usually the company's best so I think the stock could easily go over 10. I agree the movement was extremely ugly during the past 2 days but that can happen in a thinly traded stock with no news. I'm still confident but would like to see some up action VERY SOON. Could be a good candidate for a quick hit as stock is getting oversold. I'm holding!

Karl
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