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Technology Stocks : Diamond Multimedia -- Ignore unavailable to you. Want to Upgrade?


To: joshi who wrote (3327)1/26/1998 10:59:00 AM
From: Kashish King  Read Replies (1) | Respond to of 4679
 
Joshi, don't confuse pessimism for practical points of view based on past observations. This pattern of running up during the holiday season and dive bombing during the middle of the year is very real. Whether or not it repeats itself depends on whether DIMD can grow earnings next quarter to demonstrate that they are not operating stuck in this perpetual boom/bust cycle. Look at the announcement regarding the T.V. tuner technology today:

biz.yahoo.com

Note: 8 leading vendors, and that doesn't include the not-so-leading vendors which aren't exactly a non-threat as we saw with other companies in other spaces. BTW, this WaveTop product is interesting but it's extremely limited in terms of bandwidth, among other problems.