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Technology Stocks : Diamond Multimedia
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To: Philip W. Dunton, Jr who wrote (3604)6/18/1998 11:18:00 PM
From: Kashish King  Read Replies (1) of 4679
 
How many stocks can you name that are 70% off their highs of this year? DIMD is a rare bird in that regard. Not to worry, it's just consolidating at lower levels, right? T'ya, like, right. As far as DIMD being a buy at these levels, I'm going to wait 'til the end of summer before even thinking about it. Maybe DIMD will double again next spring or maybe it's run its course. The Market abhors regular patterns and DIMD is getting way too regular.

Carboy also cited aggressive efforts by Intel to assert itself in the graphics chip business. Intel's price cuts have extended into the mid-range 2D- and 3D-motherboard market, endangering gross margins and revenue for Diamond.

Full Story:
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