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Technology Stocks : Diamond Multimedia

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To: Kashish King who wrote (3665)	9/9/1998 3:52:00 AM
From: PaperChase	Read Replies (2) of 4679

Hey! DIMD's share price went down without the benefit of a split. Now Rod, I know you were teasing so you got to put some <G> <G>'s in your writing. (I'm still learning to be sarcastic too.) Here's my best try: DIMD is expected to be immensely profitable in its fourth quarter with a strong gross margin. Of course these profits will be before their write-off of another $150 million in restructuring and inventory charges. <G> I have long hated this pathetic company with the accounting gimmicks of one-time charges and inventory write-offs only to look profitable in subsequent quarters. I found out what a farce DIMD was after I bought a Stealth 2000 years ago with drivers that were crap. Been a Matrox fan ever since. No <G> With a huge universe of stocks out there to choose from, I want to own DIMD because they make a commodity product where prices are falling, demand is falling, and competition is vicious. <G> How was that? No it's your turn.

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