Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: dr_elis who wrote (288)	8/23/2000 2:49:37 PM
From: Sam	Read Replies (2) \| Respond to of 488

Michael, <<My feeling is, based on the last earnings report and the performance of DSS since then, that DSS is ready to go a lot higher. We just need a little trigger to start the rocket.>> That is my feeling too. The stock has been acting awfully well the last couple of weeks. Creeping up to this very stiff resistance at 13-14. It feels to me like they will indeed announce, finally, shipping SDLT, and that will be the trigger to go past 14 at long last. Meanwhile, for all the bellowing and badmouhing of EXBT supporters, Exabyte drifts lower on the LTO news while DSS drifts higher. Not a good sign for them (or me, I guess, since I also own a stake in Exabyte, albeit now a very large one). I find it hard to believe that LTO will actually get off to a fast start, or that there won't be bugs in it. If SDLT gets out in Sept, that will be soon enough, and if the backward compatible version gets out by the end of the year, that will soon enough too, as long as the testing cycle was long enough and strenuous enough so that none of flavors of SDLT are buggy. We will have to continue to wait and see. I have added some more in the 10s and 11s, averaging down. I also sold a little out of taxable accounts for tax purposes. I still have a loss on it, but still have hopes for a good return in the ripeness of time. I think that base it has been building will provide solid underpinnings for a fine return over the next 12-18 months. Sam