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Technology Stocks : Discreet Logic (DSLGF) - It is a good buy NOW!
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To: Luc N. who wrote (792)5/14/1998 4:11:00 PM
From: Trader Dave  Read Replies (1) of 996
 
I still think they're going to kick butt. But I also hope to date Pamela Anderson Lee. So I don't know if I'm thinking rationally or my hopes for dslgf have the same perspective as my dating objectives. (I think my wife would prefer my stock fantasies to come true.)

I feel burned, but my instinct tells me not to panic out of the story. Importantly, we had very big volume today including a 100,000 share and 200,000 share block. I'm checking to see if that cleans up the big seller out there. This might be the bottom. We'll have more information next week. I'll probably come up to Montreal to spend time with the management after the MGI deal wraps up (one way or another).

Another perspective on MGI, we know estimates go higher if the MGI deal tanks, but longer term, the dilution should already be in estimates, and the theory is that MGI will help to strengthen the DSLGF management team. So even if the MGI deal goes through, it shouldn't make things worse.

TD
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