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Technology Stocks : DIGL... Digital Lightwave.... Making Waves.... -- Ignore unavailable to you. Want to Upgrade?


To: UnBelievable who wrote (845)8/25/2000 10:28:56 AM
From: Jazz102  Respond to of 934
 
Sometimes a person who starts a company is not necessarily the best one to continue to grow the company once it has become very large. Such was the case with CRUS, where the company floundered until Hackworth, brought in someone else to lead the company toward its future. It may very well be a positive that Dr. Zwan is departing DIGL, though I am not familiar with company background or workings. JMHO
JAZZ



To: UnBelievable who wrote (845)8/27/2000 1:15:08 AM
From: Toby Zidle  Read Replies (2) | Respond to of 934
 
Here, I think, is the key to the losses DIGL has suffered in the last two days. You said, "Dr. Zwan is still the largest DIGL stockholder. If he should decide to divest his shares quickly that could depress market."

Per the press release, Zwan is not only the largest DIGL stockholder, but the MAJORITY stockholder. There seems to be an almost tangible fear that Zwan will decide to dump his stock. It doesn't take much imagination then to foresee what could happen to the share price. It's potentially somewhat like the shock an IPO goes through at expiration of the lock-up period.

Now I have to hope that other people appraise this risk differently and recognize DIGL under $100 as a bargain.

I'm still long.