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Technology Stocks : New Dimension Software (DDDDF)

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To: Elliot Lepler who wrote (114)1/25/1998 8:09:00 PM
From: Michael J. Dando  Read Replies (1) of 209
 
Elliot,

Strange times. In spite of the Clinton screw-up, and inspite of the Arafat's warnings, we still seem to be holding up VERY well. Oppenheimer, in their research report, indicated that we ought to be moving towards a P/E commensurate with our peer group. Presently we are trading at something like a 6 point discount (p/e points, that is). We'll see. Going forward we have excellent prospects, with a high probability of the stock going much higher. I have much greater confidence in New D than any other company I follow.

It was nice to look in today's Washington Post business section, and see New Dimension showing "+3" in the change column, and showing a new 52-week high. Anybody flipping through the stock listings looking for something interesting will have that jump out at them, especially in a down week for the market.

Later.

Mike
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