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Technology Stocks : Diana Corp.
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To: Dylan Yolles who wrote (6)9/12/1996 1:03:00 AM
From: S. maltophilia   of 14
 
When the exit narrows, it is big sellers by definition. Nobody is stupid, not even at 120. The buyers there were probably shorts with
margin calls--I was close to that too. I base my skepticism on what I see in their SEC filings, and the likelihood that better capitalized
companies will have more competitive products. I am also suspicious that their relationship with Concentric is a bit too cozy.
I presently have no ax to grind in this stock. When the time comes, I
hope to have the guts (gall, or whatever) to short it again. The last
cycle was profitable, but extremely scary.
By the way "friends" is in quote marks because they sometimes forget
to call you when it's time to close a position. Best of luck to
all Diana traders...hope to see input from more of you.
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