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Technology Stocks : DSSI/DATA Systems & Software
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To: Madharry who wrote (842)12/21/1998 9:29:00 AM
From: jtechkid  Read Replies (1) of 1061
 
i agree at some point the company should take some risks as growth companies should do. if i was the management of dssi and i knew i would sell tower or i believed that the flash technology was so good i would be leveraging tower to either really finance converge-converge has basicly no real sales force-or buyback a ton of stock since therir seems to be lot for sale. dssi always seems defensive and in technology that is never a success. the big mistake with phd could be seen as dssi was to defensive in marketing and missed the major upcycle in the group. at this point dssi should either get finacing for converge or leverage off tsemf and dsi israel and get more money and for converge before they miss the window of opportunity. i'm sure converge employees are not thrilled on how dssi is spending money with converge. either way i'm loaded in dssi because i believe tower wii hit 18-25 next year and get either sold or divested next year tax free which would give dssi shareholders almost 9dollers alone and thats saying converge does nothing or their internet company or their companies in israe are worh zerol. the key is wall street thinks management does care about shareholders which will change quick with any news on divesting or selling some divisions of the company. dssi went to over 30 in 1993 and split 2 for 1 as word spread they owned a hot private company that they would spin off in an ipo. that company was called tower. i see the same thing with converge next year.
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