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Technology Stocks : DDL Electronics -- Ignore unavailable to you. Want to Upgrade?

To: David C. Greco who wrote (66)	10/29/1997 11:36:00 PM
From: Chris Nevil	Read Replies (3) \| Respond to of 164

David, I have a call into the company this afternoon but have not heard back yet. I would think your frustration is a carbon copy of that felt by any DDL stockholder who has held the stock for any meaningful length of time. I believe the company is a top-quality, serious ECM operation with great potential but management's focus, IMHO, has been split between managing a solid operation and fending off disaster when the June debt came due. They have been perhaps a bit less aggressive in ramping up sales and in managing the Street's view, considering the high multiples accorded other ECM's such as JBIL, SLR, FLEXF, and even EA. The Florida "white knight" with whose Jolt Electronics (sic?) DDL intends to merge is supposed to be a very affluent and aggressive character who may liven things up going forward. But my concern for about the last year has been that by the time DDL began blipping on the Street's radar, investor mania for the ECM stocks might begin to fade. It has been tough watching parallel issues such as Jabil blast from 8 to 100 while DDL has remained mired around a buck. And now, alas, the ECM high-fliers are mostly coming down from their highs. I believe at least two have issued earnings warnings, helping to take them down. I certainly intend to ask the company what is going to exempt DDL from the slowdown these other firms are noticing. One likely answer is that DDL's more specialized, higher-margin work is not seeing the same incipient softness. At least I hope that's what they'll tell me! I have a boatload of DDL and would love to buy more if I could convince myself that we'll ever get out of stock price purgatory. Please share whatever else you hear! Regards, Chris