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Technology Stocks : DSP Group: an incredible bargain?
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To: Tom Caruthers who wrote (963)1/30/1999 1:24:00 AM
From: WTSherman  Read Replies (2) of 1055
 
There is no reason to rush in to buy this stock right now. Given the statements from management there is little on the horizon that will drive the stock up for at least the next six months. When the inevitable tech correction kicks in in Feb or March you'll be able to pick this up for $10-12... Why you'd want it, I'm not sure. It has lots of cash, and an attractive P/E. But, the market is not interested in either of those these days. The only thing that counts is growth and DSPG doesn't have much of that.
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