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Technology Stocks : John, Mike & Tom's Wild World of Stocks -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (632)3/23/2000 10:27:00 PM
From: Original Mad Dog  Respond to of 2850
 
John,

I was looking at DITC today, along with one other, MDCC (Molecular Devices). Two things held me back:

1. I am nearing full investment, and do not want to go on margin since the rally and overall market have some characteristics that make me uncomfortable.

2. With MDCC especially, I smell manipulation (up 30 percent on low volume yesterday, including a midafternoon surge without all that much sustained volume to back it up), and then down a whole bunch today (maybe 20 percent). No news either day. DITC hasn't been quite that bad, but who knows how far around the corner the best echo cancellation technology since sliced bread will come along.

MAD DOG



To: John Pitera who wrote (632)3/24/2000 3:38:00 PM
From: Chip McVickar  Read Replies (1) | Respond to of 2850
 
John,

>>Do we have a newer company with a superior technology that is coming to supplant the current company and technology, and steal away the older company's sales.<<

I think you have a very important statement right there, change is dramatic today in all technological areas.

Take for instance the new test for coronary disease.

The High Sensitivity CRP Test for inflammation of the artery walls. This will become a standard test in a very short period. And augment the cholesterol tests.

Do you know who manufactures and if there is a company to invest in?

Chip