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Technology Stocks : DSS: DLT finally open for trading -- Ignore unavailable to you. Want to Upgrade?


To: dr_elis who wrote (300)9/6/2000 6:50:24 PM
From: Sam  Respond to of 488
 
Nice move today to 14 3/16, on over a million shares. SDLT will probably be announced pretty soon, I would guess, if not this week then next. I can't believe that Snap momentum alone would underpin this strength. But I like the Dell deal a lot. That is the kind of product that they can sell a lot of if they really get behind it.

Sam



To: dr_elis who wrote (300)9/7/2000 12:20:20 PM
From: Sam  Read Replies (2) | Respond to of 488
 
Well, DSS just hit 15 a few minutes ago, now trading at 15 x 15 1/16, on about half a million shares. Looks very strong as it creeps up. I don't see any reason why it can't get back up to the 17-18 level even in the absence of news, but there will probably be some pretty strong resistance there, as it was a powerful support line for quite awhile last year.

However, if SDLT gets out this month, and especially if the backward compatible version of it gets out by year-end, then we should break to new yearly highs. And if ATL and Snap can continue with their momentum, with the tape drive division actually making money adding to some 15-20% media growth, well, things could get very interesting around here at long last.

Maybe you and I will actually be joined by some other posters after we go through 20!

Best wishes,
Sam