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Technology Stocks : Dupont Photomasks (DPMI) -- Ignore unavailable to you. Want to Upgrade?

To: Andrew G. who wrote (247)	2/27/1998 4:03:00 PM
From: Duane L. Olson	Read Replies (1) \| Respond to of 955

Andrew, DPMI, in five weeks, has run up over 80%! A pause is definitely warranted, don't you think?... Here was my morning post on the subject:http://www.exchange2000.com/~wsapi/investor/reply-3550569 IMHO, there is more to go here Andrew... When I bought more at 39, after buying at 32, folks asked me if I wasn't afraid of a pull back..answer is "Not yet"... And it hasn't gone under 43 1/2, has it?...or is TSO slipping??! <gg> TSO

To: Andrew G. who wrote (247)	2/27/1998 4:15:00 PM
From: jeffbas	Respond to of 955

What happened to your perspective Duane. Shane suggests in his comment that this will be a hundred dollar stock in the next cycle. If you are a long term investor, I think the idea of trying to scalp 5 points out of this (40-41) is nuts! First place what if it goes to $42 and sits there? What if it goes to 40-41 and you are at the dentist? Next, this stock is so volatile that you have to watch it very carefully. Last, a long term gain of 70 points is worth about the same aftertax as a short term gain of 90 points; so I have no interest in trading, for that reason alone, unless the downside "expectation" exceeds 10 points - which it might at $60. If you look at a chart, I see a nice saucer bottom around $40, if you ignore the plunge at the end of last year because of the Asian crisis. I think this recent announcement pretty much insures that we will do no worse than continue this saucer formation - which really means that there is less downside here than those earlier prices around 26 would suggest!