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Technology Stocks : Diamond Multimedia (DIMD)
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To: Mark The Trader who wrote (76)9/23/1996 1:08:00 PM
From: Kashish King   of 99
 
Mark,

The $32 target price is definitely aggressive but Murphy has a good track record and is well respected -- many of his picks stumbled during the summer correction but that doesn't count in my books.

I noticed this stock tends to drift lower on low volume and I think now would be a good time to step aside for a week or so. I know that isn't a good general strategy but it seems to be eerily predictable with this stock. Any theories on that?
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