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


To: PACKRATCAT who wrote (3515)3/27/1998 10:43:00 AM
From: Philip W. Dunton, Jr  Read Replies (1) | Respond to of 4679
 
Matthew: Jonathan is the last guy you should ask for advice
on your DIMD position unless you are planning to do the
opposite of what he tells you. Please be aware that when
DIMD was basing in the 7-8 level for several months, he was
a rabid bear on the stock. PD



To: PACKRATCAT who wrote (3515)3/27/1998 7:05:00 PM
From: Jonathan Quick  Respond to of 4679
 
PRC,

I'd hang on for the next earnings release, since I doubt Diamond has really begun to feel the bottom line impact of recent price drops as yet. I'd also be thinking about exiting in the 2nd quarter sometime, depending on what management has to say about future prospects at the next quarterly update.

I'm not looking for Diamond to tank per se. I *do* think there are much better prospects out there for your investment dollar, however. If you can afford it, I'd suggest you take a good, hard look at stocks like DELL, CPQ, TDDDF, and others that have more upside potential combined with significantly lower downside risk.