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Technology Stocks : Dupont Photomasks (DPMI)

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To: jeffbas who wrote (215)2/26/1998 1:27:00 PM
From: Duane L. Olson  Read Replies (2) of 955
 
DPMI continues moving steadily up today, quote.yahoo.com
Running on volume about four times normal.. and no pull backs..just a solid opening and steady up a couple of points.. But since the PE is still under 20 at current depressed levels, there is no reason for the stock not go move back towards a more normal valuation...about $65/share, iMHO... Hope the T.M. doesn't get stubborn about his short position if DPMI insists on moving up...looks like DPMI is picking up some institutional support now -- and thus the VERY large volumes.. I think more folks are "looking over the valley" of any short term negatives, don't you think?... and don't you wish you owned more <g> TSO
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