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Technology Stocks : Dallas Semiconductor: Time to Buy

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To: David Su who wrote (112)4/8/1998 4:33:00 PM
From: uu   of 160
 
David:

> I shorted the stock so I can sleep well tonight.

Well... I dont know, it all depends at what price you went short! If you went short today at $33 and change then I would not be so comfortable sleeping tonight or at least not so happy! You see the stock comes down because of anticipation of some bad news. DS has already been beaten down badly that it can not possibly go lower than what it is now by much. Perhaps it will get to $29-$30 range, but in my view that will be it and soon after the stock will go back to the $33-$35 range and stay there till South East Asia is bit more certain.

I personally am neither long nor short at this time. However I am thinking of buying some tomorrow.

Regards,

Addi Jamshidi
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