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Technology Stocks : Diamond Multimedia

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To: Kashish King who wrote (3558)	5/2/1998 9:29:00 AM
From: mantle7	Read Replies (1) of 4679

Amen brother. See my post# 3462. This is the start of the third annual dive to 6 during Q2. Look for a prerelease of Q2 earnings disappointment around the end of May. Q2 is always a disaster for these folks and they always get caught with their pants down with way too much inventory. They have a track record of believing their own overly optimistic sales forecasts. This management team also seems incapable of adapting or learning from the past. Still way too dependent on retail sales and thus spend an (out of control) fortune on S&M costs moving stuff through the channel. I got out at 14. Good luck to all.

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