The 56 Point TA; Charts With an Attitude Message Board

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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Doug R who wrote (14493)	4/9/1998 11:47:00 PM
From: Alski	Read Replies (1) of 79460

Is a >15% gap down on 7X avg volume enough to tweak any kitty whiskers? DIMD reported $.22 vs $(.17), beat avg. estimates by $.03, announced new OEM deal with DELL, and Oppenheimer raised its 1998 and 1999 earnings estimates 25% and 15% respectively. Gapped down 'cause they warned they expect "some pricing pressure" in fiscal Q2 ahead of the launch of next-generation products in fiscal Q3. Might -15% be a bit of an over reaction?

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