Data General Corp. "dgn" Message Board

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Technology Stocks : Data General Corp. "dgn"

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To: Maui Jim who wrote (268)	3/22/1999 4:07:00 PM
From: DanZ	Read Replies (1) of 354

Jim, I don't know what put a fire under Data General today. It could be a technical rally, it could be that funds are done with their quarter ending window dressing dumping, it could be takeover speculation resurfacing, or it could be that somebody finally saw value in the stock. This one reminds me of VLSI before it made its big move in that DGN was trading at 0.35 x sales and 1.2 x book before today's recovery. The company has close to $6 per share in cash...very similar story valuation wise to VLSI, although at one point VLSI was trading at an even cheaper valuation then DGN. I think the stock could run into short term resistance between 13 and 13 1/4 but I still think it will trade back to 20 later in the year. Dan

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