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Technology Stocks : Digital Equipment Corp. (DEC)

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To: Paul Mathis who wrote (2633)12/18/1997 7:27:00 PM
From: stock bull  Read Replies (1) of 3276
 
Paul, not sure what the difference between "current market" and the "then prevailing prices"? My experience in these matters would suggest that the discount is a fixed percentage off the current selling price; ie, other large OEM's, given volume, etc.

If one were a believer in buying when the market is down, news is bad, world financial markets in trouble, etc., then this is the time to jump in. What I would like to known is how Claflin is doing with the sales/marketing organization and the improvement in sales. If DEC should meet current estimates (factoring the downgrades in earnings published the other day) I think the stock will start to move up again. If DEC should beat the estimate, I would think we could see a $5+ jump in one day. Just my guess, or hopes for a good earnings report.

Palmer leaving would gives us another $5 on the stock.

In any event, the hitech companies are going to now be graded on their earnings power. Asia sure made sure that earnings are now in the forefront.

Stock Bull
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