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 J. Dando who wrote (91)11/1/1997 12:29:00 AM
From: Elliot Lepler  Read Replies (1) of 209
 
Michael,

I am as puzzled as you are, watching the price action today. I seem to remember seeing a prediction on this board, placed by yours truely, that we would see $25 this week.

So I am wrong; the market is crazy. But what does it matter? Oppenheimer is on target with $30 and I do not think that it will be long for us to exceed that number. I have not seen the report and hope to get a copy soon.

One point to remember....DDDDF was trading under $10 this past spring and there are a great many investors itching to take some profits. So I will not be too upset if the market needs a little more digestion before we move to new highs.

New D was down 5/8 on the week, which is better than probably 95% of the high tech sector. We have the short term bad luck of releasing great earnings into a very weak market. Today's gains were concentrated in the large cap tech stocks, which were severely battered earlier in the week. Our turn will come.

The best news that I can think of is the the stock will be listing in Zacks and First Call within a few weeks. And management will have estimates to beat. As those estimates rise with the business, we will be rewarded. So forget about today. I would not sell a share and I think that we have a real value stock selling at $20 which represents about 20 times current earnings with a 50% growth rate.

Sleep well. When the stock makes its next 50% move, we will be scratching our heads, wondering where the buying is coming from....and why today?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News