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Technology Stocks : DDL Electronics

DDL 2.040

-0.5%

Dec 12 9:30 AM EST

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To: Chris Nevil who wrote (108)	2/4/1998 8:51:00 PM
From: MIKenn	Read Replies (1) of 164

What suggests to you that there is a single seller out there unloading at the all time low price? If that suggested seller were to stop selling, then the price would go up, enabling the suggested seller to initiate orders at a higher price. Maybe Mr. CEO is building another house or something. Anyone have info. on the acquisition target? Hmm, with earnings of .01 per quarter, projected flatly for a year, we get...hmm....where's the calculator...that's .04. Multiply that by a p/e of 25 and we get.......$1 dollar. Now, is that a respectable target for a going concern? Not for me. I have the feeling that patience will pay off. Next time, when the price surges, I'll try not to be stubborn/greedy/stupid and I'll unload! I shoot for $2.

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