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Technology Stocks : DSC Communications

DIGI 0.0001000

0.0%

Jun 3 1:06 PM EST

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To: Steve Becker who wrote (3132)	11/14/1997 10:00:00 AM
From: DanZ	Read Replies (1) of 4429

Hi Steve. I haven't traded DIGI in a while, but it's still a favorite stock of mine. I have it on my quote screen and I look at its chart a few times a week. The stock broke below weekly support at 22 and now has support on the monthly chart near 18. I consider 22 1/2 resistance at this point. The short term chart doesn't look very good and it's likely that it will take some time to repair it. The long term chart looks good though. I don't think this is a good holding right now for somebody like me, who is a very short term trader. But for a long term investor, I think the chart looks good. I might get interested for a trade to 24 or 25 if it closes over 22 3/4. Best of luck, it was nice to hear from you. Dan

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