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Technology Stocks : HDCO - Why sudden dip?

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To: rich evans who wrote (562)4/1/1999 12:04:00 PM
From: kolo55  Read Replies (1) of 572
 
I sold my HDCO on the last run into the mid-30s.

I don't know what caused the recent spike.... but it happens a lot with this stock. Seems like it might be possible to trade the volatility in this stock, like some of the other EMS stocks (like JBL).

I can't see the fundamental long term growth story here, and the CCIR acquisition doesn't seem to be working out real well. I think this is basically a cyclical turnaround story. When the board biz turns, I don't know, but the basic valuation parameters on this stock seem to be pretty good.

My only exposure to the board makers, is through the Multek part of DIIG. I still hold a modest position there, bought at much lower levels, and plan to hold at least through the earnings report.

Paul
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