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Technology Stocks : Diamond Multimedia

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To: ahhaha who wrote (3318)1/24/1998 3:48:00 PM
From: Kashish King  Read Replies (1) of 4679
 
DIMD has run up from the mid-singles to the mid-teens a couple of times but who knows where they will go from here now that the pattern is so well known. They always have an revenue burst after the holiday season and they inflate that even more through various discretionary financial tactics. The impressive results from last quarter can't be ignored but next quarter will tell the tale as we move into the summer doldrums soon after that. The reason I say they are a lousy long-term investment is that they only appreciate after tanking and who wants a damped yo-yo with increasingly smaller peaks. Good trader? Sure has been in the past.
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