Thanks Ernie, That's a great story. I've been invested in DIGI since the mid '80s and had a relatively big position (for me) since 1991. That story has so many "truths" to it as to sound like a biblical parable! Still, for me, since 1991, it's a 5-bagger, so I'm not complaining.
ALA is a bit disconcerting. If I sell my DIGI, I'll have to find a new home for these dollars in the telecomm area since I still believe it to be where a large portion of my assets should be. However, ALA's sort of boring by comparison to DIGI. I'll fall asleep if I own it. 1997 wasn't a bad year for it as the price about doubled and so far this year it went up from about $24 to $44. Well, is the fun already over? Value Line indicates it's quite fully priced relative to the next 3-5 years.
Anyone have any thoughts as to where this Displaced Person can go with his telecomm $$$? Please, no suggestions that I try Lucent!! My opinion is that if DIGI was JJCramer's darling of the early '90s, then LU fits the same scenario!
Best regards, Tom |
