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Technology Stocks : Diamond Multimedia
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To: Richard P. Roberts who wrote (4381)5/8/1999 8:29:00 PM
From: mantle7  Read Replies (1) of 4679
 
If the last three years are any indication, the stock rises a little in Q3. However, Diamond tends to miss their numbers in Q3, typically blaming some gross margin problem in some line (they tend to botch the supply chain in Q3 routinely). Miraculously the stock climbs in Q4 in anticipation of Xmas sales. If you buy in at the end of Q2 you might double your money by year-end, but one of these days Wall street will tire of this donkey and the year-end spurt just might not happen.
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