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Technology Stocks : DLTK --- similar to NIKU, but highly undervalued -- Ignore unavailable to you. Want to Upgrade?


To: Bo Le who wrote (8)3/3/2000 11:36:00 AM
From: Craig Richards  Read Replies (1) | Respond to of 14
 
Bo,
DLTK's 52 week high is 17 7/8, not 19. We're within spitting distance of it today. I agree, DLTK will gain some additional exposure from technical types if it breaks its 52 week high, especially if it happens on an above average volume day like today. That exposure may propel it to a new alltime high, which may cause further momentum in the stock. It's a strange market in which an overvalued stock is likely to get more overvalued because of momentum, but an undervalued stock stays undervalued because it's undiscovered. Once in a while a stock gets discovered and runs up, and I think DLTK is a good candidate to become a discovered stock.

Craig