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Technology Stocks : DII Group, Inc.

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To: rich evans who wrote (1607)4/12/1998 8:20:00 AM
From: Jeff Haas  Read Replies (1) of 1845
 
Rich or anyone else, I picked this up from another thread in regards to a question about DIIG's upcoming earnings report on Wednesday. Has anyone else heard about problems in Mexico?

Answer to question about earnings:

They'll meet the downgraded eps of 0.25 on Wednesday. Judging from what I have heard from their production in Dovatron Mexico (grossly decreased volume with HP, lost business with Diamond, idle production equipment, lay-offs slow business), and now the Orbit thing, I think that the stock price will probably go up prior to the earnings and then decrease after the earnings announcement. Until I see the Dovatron production picking up, I won't feel long about this stock.

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