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


To: lml who wrote (3476)3/16/1998 6:23:00 PM
From: Mark Haythorn  Read Replies (2) | Respond to of 4679
 
Well- a 52-week high.

Is it time to sell? Part of me thinks that I should wait until I see how the Monster is doing before selling- but others might think that it's not going any higher anytime soon.

Opinions? (FWIW, I believe it's going higher)

-Mark



To: lml who wrote (3476)3/16/1998 9:15:00 PM
From: Eric Winterhalder  Read Replies (1) | Respond to of 4679
 
Some more news from DiamondMM. This co (and the stock) is firing on all cylinders. Only wished I'd bought more when it was a little cheaper.
I'm not a TA guru but judging by the close (very strong)I smell a breakout soon (maybe tomorrow) and in a big way . By the looks of the intra-day chart I'd agree that this stock is under heavy accumulation by the big boys.

<<<Diamond Multimedia Announces Retail Version of Fire GL 1000 Pro AGP

SAN JOSE, Calif.--(BUSINESS WIRE)--March 16, 1998--

Pentium II Users Can Now Upgrade Their Graphics Subsystems With

This High Powered 2D and 3D Graphics Accelerator

Diamond Multimedia Systems, Inc. (NASDAQ:DIMD), a leader in interactive multimedia acceleration, today announced its first Accelerated Graphics Port (AGP)-enabled graphics accelerator for the retail market, the Fire GL 1000 Pro AGP.

The Fire GL 1000 Pro AGP is a high-end integrated 2D/3D/MPEG-1 graphics accelerator designed to bring the advanced graphics capabilities of AGP technology to Pentium II users. The retail Fire GL 1000 Pro AGP, with 8MB of SGRAM and a software bundle featuring powerful 3D productivity applications, is now shipping at an estimated retail price of $199.95.

"With the rapid adoption of AGP-enabled Pentium II systems, we feel the retail market is ready for the Fire GL 1000 Pro AGP; a powerful accelerator for customers looking to upgrade their AGP graphics subsystems," said Ken Wirt, vice president of corporate marketing at Diamond Multimedia. "The majority of systems are being built with 4MB AGP graphics on-board. The Fire 1000 Pro AGP with 8MB is an ideal retail upgrade for customers with Pentium II AGP systems."

AGP is a dedicated graphics port with twice the bandwidth of the PCI bus. This higher bandwidth allows the use of more complex and robust textures to deliver sharper and more realistic 3D images. For more information about the benefits of AGP and other Diamond AGP graphics accelerators, visit The AGP Resource, an online information service provided by Diamond Multimedia, at diamondmm.

Providing outstanding performance for Windows NT and Windows 95 users, including OpenGL support, Diamond's Fire GL 1000 Pro AGP delivers a strong combination of 2D and 3D acceleration for business multimedia presentations, Web authoring, VRML, digital content creation and 3D gaming.

The Fire GL 1000 Pro incorporates 3Dlabs' PERMEDIA(R) 2 Processor, which includes a full floating-point geometry setup processor built with GLINT Delta technology, an integrated 230MHz RAMDAC and is capable of displaying resolutions as high as 1920x1200 in high color.

The Fire GL 1000 Pro is populated with 8MB of high-powered 100 MHz SGRAM memory and offers a complete 3D feature set, including rasterization, texture mapping, double buffering and 16-bit Z-buffering. With software and hardware optimized for speed and reliability, the Fire GL 1000 Pro AGP can process up to one million texture mapped polygons per second with applications based on the OpenGL, Direct3D and HEIDI application programming interfaces (APIs). Diamond's Fire GL 1000 Pro also includes an integrated StereoGraphics connector, allowing users to connect external 3D-shutter glasses.

The new Fire GL 1000 Pro AGP ships with a valuable productivity software bundle featuring: Diamond Multimedia's Big Focus and 3D Win AutoCAD tools for advanced productivity when using AutoCAD; Caligari's trueSpace3(TM) SE for 3D animation; CrystalGraphics' Crystal 3D IMPACT!(TM) for 3D titles and logos and Cosmo Software's Cosmo Player 2.0, a VRML browser.

Diamond Multimedia's Fire GL 1000 Pro is also available to retailers in a PCI configuration. Bulk versions of the Fire GL 1000 Pro are available to OEM and system integration customers in 4MB or 8MB configurations for both AGP and PCI. The Fire GL 1000 Pro is currently shipping in systems manufactured by Dell Computer Corporation, Fujitsu, Ltd., Micron Electronics and Quantex Microsystems. >>

EW