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Technology Stocks : Data Dimensions -- Ignore unavailable to you. Want to Upgrade?

To: Jumper who wrote (3368)	10/23/1997 10:54:00 AM
From: nonzeroa	Read Replies (1) \| Respond to of 4571

Overview of Y2K promoters and IRS liens on DDIM equipment pathfinder.com@@1WqzWAUAtSeuzJS*/fortune/magazine/1996/960819/sto.html A link to this article was actually posted on this thread last year, but its so interesting I'd thought I'd repost. I especially liked " One CEO invited to make a pitch was Larry W. Martin of Data Dimensions. A 59-year-old software executive who had bounced around a dozen different companies, Martin took over Data Dimensions in 1990 with the help of two venture capitalists. It was a "body shop" back then, providing programmers who did grunt work on mainframes. Martin's efforts to turn it into something more interesting and profitable went nowhere--in the early 1990s, Data Dimensions shares sank to 25 cents. The IRS had liens on its equipment. The handful of employees still left worked on the last remaining account: Kaiser Permanente, the giant California HMO." Back to the future? Thanks Calculated Risk for posting the link on the ZITL thread.

To: Jumper who wrote (3368)	10/23/1997 1:41:00 PM
From: Staff	Read Replies (1) \| Respond to of 4571

Jumper.. The VIAS VS DDIM comparison is not exactly a apples & oranges comparison. DDIM on paper is more legitimate as an investment versus a speculative play. Though the difference exists, I believe the end result will be the same. VIAS in reality has yet to be out of the red as seen via operations expense/sales income. DDIM on the other hand is stating that they are actually generating revenue that has the company in the black as it were. As an investor, I disagree with most analysts in one respect here. I like to view a company based of trade liquidity when I evaluate owning it. It is my view that VIAS is the more liquid of the two due it's share float. DDIM in my mind ihas always bordered on "illiquid" with little over 10 million shares outstanding and little more than 6 million that openly trade each day that are not regulated via restrictions. WHy do you think it's so difficult to find shares to short the majority of the time? When a stock can move up OR down $3.00 - $4.00 - $5.00/ share on less that 500,000 shares that's pure casino stuff. Whether you believe the Y2K story or think its a farce you can't escape the one basic hard reality about this stock when you look at it's multiple. It's all assumed .. down the road.. would'a .. maybe .. sometime... looks like.. kind of stuff. The fact remains that this is trading on expectations not actual performance. When a stock trades over 200 times earnings, you talking about some pretty lofty future expectations NOT what it did yesterday. Any bull that thinks larger block shareholders that can move this stock $10.00 share in 5 minutes are not standing close to the exit doors on this one should look at recent performances by VIAS these last few days and the ZITL earlier this year. The key remains... at 200 times earning... nothing can go wrong.. NOTHING.. How often can any of us run our vanilla businesses quarter after quarter without Murphy's law kicking in once in a while? Odds are is that sooner or later they drop the ball and the alarms for the exit door will sound with a furry. You have to always outperform the most optimistic of expectations and estimates the street puts in front of you. As VIAS shareholders found this week.. even when meet the street and it's a fast and hard drop to the floor. When a stock loses everything it too 6 months to make in 2 weeks it doesn't take a rocket scientist to determine what side poses the greatest potential. We have all seen just how this market can tap dance with it's cruel shoes on when it want to... it takes no prisoner's when it does. Yeah.. there may be another buck or two in this puppy for the down right greedy.. but bulls... your juggling nitro waiting the next press release in the process..