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Technology Stocks : DianaCorp (DNA)-Hype is over- Respect begun- Many shorts

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To: george johnson who wrote (120)3/3/1997 2:56:00 PM
From: AngelM   of 201
 
Apparently DNA will be delisted from NYSE very soon (March 10th I've heard) so they need to be relisted on Nasdaq very quickly or it will be an OTC BB stock with huge downward risk

H&Q should help them getting on NASDAQ so that good news. Its very frustrating to see that with DNA there is a constant flow of bad news or misunderstandings (cash collection from their last sales the last one..)

On the other hand it seems that reasons for being in this (highly speculative) stock are there: the company is focusing on the communication business, sold the meat division, product(s)availables, etc...and if they collect the outstanding cash they should do a good quarter on the profit side.

Anybody sharing this (positive) view? Could the stock head up again and when (it could be now time to lower the average price if we hit bottom), or is it a hopeless situation?

Did anybody spoke to Sattel/DNA recently and what was the feddback?

AngelM
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