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Strategies & Market Trends : The picks

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To: Shawn Murphy who wrote ()	12/28/1996 6:53:00 PM
From: Jonathan Behnke	of 6124

TO ALL * DSPC * DSP Communications had attempted to buyout PROX two months or so ago. The buyout was called off after the stock price dropped due to fears in liquidation of value. They then did a stcok split around 4 weeks ago. This company sells chipsets for wireless devices (cellular) and has a good hold in Japan and is also growing in the US. Their gross margin is around 42% and they have been very successful. I show LOTS of buying for this stock over the past two weeks, but the price has leveled around 18 1/2. Technically it appears to be posed for a nice comeback. Anyone know anything more about this stcok?

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