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


To: DanZ who wrote (3868)3/21/1998 10:27:00 AM
From: Yeadon  Read Replies (1) | Respond to of 4429
 
Dan,
Good to hear from you.
I was told a month or so ago by IR at DSC that the Bells would not be purchasing the product until there was approval by the government for allowing the Bells to levy some additional charges on users; I was given a longer explanation, but did not pay close attention as I was thinking to myself at the time--oh well, there goes another several million down the drain. As there has been no regulatory change in that area, no purchases of the product. That was a month or so ago. As we have not heard from DSC about the product, we can assume it is dead in the water.

I vaguely remember that NT had a similar type of product and I think that they did sell some, but cannot recall for sure.

Dan, you have been very good with your technical analysis of DSC in the past. What is your current take? I presume heavier volume on down days cannot be that good of a sign.

Yeadon