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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: LastShadow who wrote (3416)10/18/1997 8:18:00 PM
From: Jeff   of 120523
 
LastShadow, your the same gentlemen back in post #310 in April that told me DTSM was fundamentaly unsound. You mentioned a loss of $3.20 per share, that in actuality, was a write-off do to the acquisition of S.Q.L. industries. Investors Bus. Daily gives D.S.T.M. a 96 relative earning ratio due to their operating income. You did not do your homework in April on the companies fundamentals, but I didn't feel it necessary to break your stones on your lack of insight on the company.
Your latest post commenting on DSTM, is also unfounded. The stock ran up too fast hitting 39 before the earnings release Oct. 28. It should have held at 35 or above, but didn't. This could be atributive due to the markets current wakness and nothing else. The stock in my humble opinion will retrace its steps if the market improves and it beats the street estimate on Oct. 28.
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