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

To: William L. Molair II who wrote (3337)	1/27/1998 2:12:00 AM
From: ahhaha	Respond to of 4679

Three things: Nothing, Bottoming of EWH, and Rod's ok. Nothing. The stock will inch higher and gradually grind out a nice move to 24. The news item was bullish and is continuing a truly bullish pattern. In the past Rod was totally correct about the management-by-news-release snow job they used repeatedly to deflect the miserable truth. DIMD is finally getting leverage from the endless efforts they have made to improve their profitability. They have good to excellent products at very attractive prices. That means they're flexible and competitive which translates into visibility of bottom line. They have operating leverage. That means if they can increase sales, much of it goes to the bottom line. They are battle tested since the last two years have been brutal on anyone in their position. The popular fear has been firmware goes on-chip, but there seems always to be a new and needed functionality that isn't sufficiently established to be put on-chip immediately. During the evolution of card to on-chip DIMD can take advantage of their established markets and marketing relations to continue current expected profitability. Admittedly this company will always have thin margins and operate in the middle of the technological storm. If they keep costs under control and continue in the direction thay have now, this company could really go. You can't be influenced by today's action. Just traders selling. DIMD will rise when the generals are falling and will make this a tough one to trade. 10 1/2 closes the breakaway gap. Booking at 10 5/8 gtc looks like a good shot. Bottoming of EWH. Asia still has some sort of hold on Wall Street's perception of tech. Rod's ok. Anyone reading this thread during last year will find a plethora of astute comments made by Rod. He may grudgingly give the nod on DIMD.