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Technology Stocks : Diamond Multimedia

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To: Kashish King who wrote (3317)1/24/1998 3:31:00 PM
From: ahhaha  Read Replies (1) of 4679
 
I went through the DIMD thread some weeks ago and found many astute comments made by you. For some reason I was under the impression that you were constructive if a bit frustrated with the company. Did I have this completely wrong? I respect your judgement so would like to ask you why you think they're a horrible long term investment.

I might add that I know the company very well and know their "management-by-press-release tactics". It stinks. There is a lot about them that I don't like, but the company should do well for a while and they have accumulated a lot of earnings leverage. In the market environment we're entering, a lot of money will be thrown at companies that show constructive earnings, so DIMD could get a good trader's run.
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