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Technology Stocks : DSC Communications -- Ignore unavailable to you. Want to Upgrade?


To: Ron Burns who wrote (3719)2/27/1998 10:27:00 PM
From: chuck  Read Replies (1) | Respond to of 4429
 
this is not unusual for digi to sell off after two days of solid gains. as i said yesterday if there was a minor sell-off no big deal, the trend is still up. digi has to come out and prop up this trend with some solid contracts or positive news to move this stock significantly higher. it did not close above 20 1/2 again for the third time in a month of trying so this is of concern and needs to be done to substantiate breaking above the current traading range of 17 1/2 - 20. but many stocks pulled back today including lu, tlab, amat. digi has never been a straight up stock, so take a deep breath, hope for an upgrade ( which by the way is lurking out there), stay the course and you will be rewarded. next week, barring any negative news imho will be an up week for digi.