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Technology Stocks : General DataComm (GDC) anyone following?
GDC 4.090-1.9%3:59 PM EST

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To: Oliver Luft who wrote (74)1/22/1997 7:45:00 PM
From: Mike Yiu   of 266
 
GDC closed unchanged today. It looks like the market is still waiting to see how well it'll performs for the next quarter. I think the earning report today is a good news since the price of the stock stays the same. About GDC's management, I'm not particularly impressed with them since I have been following the stock for the past 10 years. They're very slow in making a move and I'm afraid they might lose the opportunity here. A buy out would probably the best thing for GDC. I'll be watching closely the stock for the next 1-2 months and if it's positive the stock might go to low 20s within 6 months.
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