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Technology Stocks : Diamond Multimedia

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To: PaperChase who wrote (3709)10/9/1998 12:28:00 AM
From: Eric Winterhalder  Read Replies (1) of 4679
 
I've defended this co up to this point but I'm afraid I'll have to agree with you. I don't think there's anyway they can justify or be excused from this Q's performance. They certainly have lost all credibility at his point. I listened to the Conference Call and was dumbfounded at their response to the question regarding their concern for share price. It sounded like they couldn't give a damm. They effectively are speculating in another company (Nvidia) but are turning a cold shoulder to their own shareholders..very perplexing. IMHO it will be a long time before this stock recovers if ever. Oh well DELL's looking pretty cheap now-I think I'll roll whats left of my investment into a company whose alittle more concerned about, and considerate of, their own shareholders.

EW
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