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Technology Stocks : Diamond Multimedia

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To: Jonathan Quick who wrote (3563)	5/20/1998 2:09:00 PM
From: Philip W. Dunton, Jr	Read Replies (1) of 4679

Jonathan, Reference your 3563 post, you have conveniently forgotten that following the quarterly earnings announcement, DIMD gapped down to 12.5 on the next opening which would have been about the best price available following your advice to sell on earnings. I sold my position at 15 and change. The flaw in your thinking was that you thought the stock would rally on the earnings report but the opposite happened. FYI, I purchased my position at the 7 level when you and your side kick were extremely bearish. I will purchase again at that level provided you are sufficiently bearish at that time. You are a great contrarian indicator and for that I am grateful. I don't mind having my head up my butt anytime I more than double my money. PD

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