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


To: Peter van Steennis who wrote (3546)4/11/1998 8:54:00 AM
From: Jonathan Quick  Respond to of 4679
 
Peter,

Love the part about "a market source."

I don't see much support for the change in estimates. 2Q is traditionally fairly slow. Diamond's largest volume OEM, Dell, is clearly pushing out demand. Diamond has amassed nearly $100 million in inventory. Management has admitted that margins are expected to decrease at a company with a gross margin of only 5%.

Do the math.

Jonathan