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Technology Stocks : StreamLogic and Sattel (DNA)

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To: Jean Luc who wrote (5)9/23/1996 9:09:00 PM
From: Mr. Short   of 10
 
I know virtually nothing about Stream Logic but would be worried about the company it is keeping. Diana Corp is a stock I have been short for approximatly six months and have researched. The only customer the firm has announced has basically been paid to purchase the equipment. Furthermore, I still do not know what Diana, through its Sattel subsidiary does other than resell other companies switches. The company has little if any R&D and has no manufacturing facility that I'm aware of. The total investment of Diana in obtaining Sattel is very low and Sattel has voted with its feet in selling much of its stock. The basic problem is simply where is the product. If anyone knows of a satisfied customer that has not been paid to purchase please let me know.
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