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Technology Stocks : Data Dimensions -- Ignore unavailable to you. Want to Upgrade?

To: Risky Business who wrote (4310)	3/7/1998 12:06:00 AM
From: beat the market	Read Replies (1) \| Respond to of 4571

this was the biggest piece of crap stock i have ever owned, and the brokers that recommended it and let me take the serious beating still make commisison on the out trade, what a joke. i tried to contact management several times and the ceo didnt even know about certain financial issues about the company, extremely disappointed, this stock can go to 5 as far as im concerned, this company was and is all hype, no meat and potatoes

To: Risky Business who wrote (4310)	3/11/1998 7:54:00 PM
From: HerbertOtto	Respond to of 4571

Risky Business, Thanks for posting the Bloomberg article. >>To be sure, Data Dimensions' year 2000 consulting contracts boosted sales 128 percent to $20.8 million in the fourth quarter. << A new company like DDIM first runs around getting contracts. This year it will steady out the margins by getting control of costs. The good news is they have a real going, growing business. >>Analysts aren't waiting for a turnaround. Avalon Research Group put a "sell" recommendation on the stock after the company reported earnings on Feb. 18, and Punk, Ziegel & Co. reduced its investment opinion to "market perform" from "buy" the next day. << Aren't analysts great? Rode the stock all the way down from 40 to 14, and then reduce ratings. Sounds like a bottom to me. Just like in January, when the Semiconductor analysts downgraded the semis, and the semi-equipment stocks just in time for many of the stocks to start 50% to 80% rallies. I guess it works like this- the market is a future discounting mechanism, so by the time the analysts become aware of the bad news, it has already been reflected in the price of the stock. Fortunately caught the upside break-out today at 14 1/2. Closed at 15 +1.5 on 880K vol. Upside break-out from that island basing pattern over the last 3 weeks. Broke above and closed above the 40-day ma. It will be interesting to see how much hesitation DDIM shows at 16 before going on to 19, then 22 1/2. There it runs into the 200-day ma, and will be due for a pull-back to probably 19. VIAS had a sharp rally today as well. Perhaps after all the hype in the recent Y2K favorites, it is time to come back to some of last year's stocks. Good luck, Herbert