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Strategies & Market Trends : STEAMROLLER'S DAYTRADES

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To: STEAMROLLER who wrote ()8/18/1998 12:34:00 PM
From: gizelle otero   of 1561
 
DSP Communications up 5% on news of Philips/Lucent Deal........

DSP --- $15.50 is hot. Here's why (wouldn't you know Ii sold it a few days back, oh well....)

The market has not realized what good news this deal announced yesterday (Philips/Lucent) is for DSP. The herd of analysts and traders are starting to get religion today on the stock. Delayed reactions are good.

For the first time, we have DSP chipsets in the US Market with a major OEM contract. Anything having to do with Lucent is going to be golden.
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