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Technology Stocks : Discreet Logic (DSLGF) - It is a good buy NOW!

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To: Trader Dave who wrote (815)5/20/1998 3:55:00 PM
From: John F Beule  Read Replies (1) of 996
 
Well, if I read into your post #812, you own this stock at $20. I don't think you'd be burned....sorry for the bad pun.....if you pick the stock up at these points: $15, $9, $6. As one briefly looking at this, I'd say it's gonna stick around the $10-$15 level for awhile. It looks like their new technology hinges on the release of the Merced chip, so IMO, if I was a bettin' man, I'd wait to see if it gets to at least $9 before adding to the holdings because I'm assuming the level you own it at, and that point would give you a good avg to hold onto. I don't think Merced is due out 'till the EOY?

Hope this helps.
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