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Technology Stocks : General DataComm (GDC) anyone following?
GDC 4.090-1.9%Nov 4 3:59 PM EST

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To: Sultan who wrote (175)10/10/1997 1:21:00 PM
From: Bret Masterson   of 266
 
I'm definitely a new investor in GDC, so I don't know much of the history on the stock. The relation with Lucent definitely seemed very postive and will hopefully result in some large contracts, and the Price/Sales ratio seems very attractive. Big problem, however, is the lack of profitability.

The big volume in shares traded over the last few days convince me that there might be some additional big deals in the works, so I speculated a bit and bought some Oct 7.5 calls. Probably wasted my money, but seemed like a good risk/reward ratio to me. If there is any real positive news, the stock could go to 9-10 range pretty easily.

Regards,
Bret
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