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Technology Stocks : Diamond Multimedia (DIMD)

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To: Luce Wildebeest who wrote (69)9/19/1996 3:56:00 PM
From: Robert Sevchuk, sr.   of 99
 
HI CALVIN

Is this move in the semi stock a knee jerk sympathy move with
intel.

Maybe but Dimds volume at 1.7 million, cy trading 1.6 million,
alsc 700.000, and ter 400,000. Notice klic and utek also up.

Therefore, could be start of 'big move' by the 'sold out' tech stocks. Mom and pop are not trading this volume.

Ricky W of Soundview still thinks chip capacity too much and will keep prices down.( see story by Maria of cnbc fame in Individual Investor)

Maybe so, but watch, confirm.

Plenty of time to buy if move is for real.

BoB
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