SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : DSS: DLT finally open for trading -- Ignore unavailable to you. Want to Upgrade?


To: Sam who wrote (116)10/15/1999 6:25:00 PM
From: Will Cunningham  Respond to of 488
 
Sam, I think one very constructive addition to today's analyst hoorah parade is the upgrade from Neutral to Outperform by Morgan Stanley Dean Witter. In yesterday's conference call, I thought management was deliberately cautious in their statements about most aspects of their business. One thing that can not be taken for a bluff is their large addition to the buy-back. There is a lot of fire-power behind this buy-back and it should act as a nice support for the Specialist who runs the stock to work off of. The Specialist can now support the stock with a little more conviction along the way because he/she knows that the company will come in on the dips. Too bad the rally didn't keep us up above or near $15 today. Held up nicely in a crappy market though. Maybe DSS should say that earnings will be nil for next quarter and then say they are looking for a suitor like STK did. STK has become rabidly pathetic. Then again, there is Auspex. Whew!