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Strategies & Market Trends : Charts on Near Term Uotrends -- Ignore unavailable to you. Want to Upgrade?


To: Jibacoa who wrote (515)1/16/2003 12:33:09 PM
From: Jibacoa  Read Replies (1) | Respond to of 1404
 
DGII Has been up more than 17% today on volume of 286K (almost 4x its daily average) in spite of reporting a net loss of $42.8 M for the 1stQ ( $1.94/share)

Of course that loss was after a "non-cash goodwill impairment charge" of $43.9 M.<g> and 1st Q revenues of $25.5 M were at the high end of management's previously disclosed guidance.

The stock has been selling below 0.5 of book and around 0.6 of sales and has more than $2.60 in cash/share.

siliconinvestor.com

The stock needs to close above its December 12 H of $3.55 (Which seems likely today.<g>)

siliconinvestor.com

For a possible test of resistance at the $5 level.<g>

siliconinvestor.com

Bernard