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


To: Eric Winterhalder who wrote (3365)2/12/1998 3:04:00 PM
From: Howard  Read Replies (1) | Respond to of 4679
 
re: Company press release on the Intel graphics controller. I find it interesting that my pc picked up the company press release but my brokerage (/Quick & Reilly) did not. Also, if you look at intel's press release touting the benefits of the 740 3D graphics accelerator chip, it does not mention one word about DIMD being the backbone of the chip. The price of DIMD has not yet responded to this news or the latest news on their pc DVD upgrade kit, but it hopefully will start turning upwards when the masses realize the potential magnitude of OEM's with big names like Intel.

Today I gambled and bought DIMD Feb 12 1/2 calls @ 1/8 for what I speculate may be a quick pop up in stock value. DIMD has done nothing but sell down on the news since its quarterly earnings report and today's news may be the catalyst for a quick, though possibly temporary, turn up in the value. Just a humble DIMD follower's opinion. Good luck to all those long on DIMD and happy investing. Any other opinions on This latest DIMD win or any of the spectrum of DIMD products would be appreciated.

Howard