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Technology Stocks : DSSI/DATA Systems & Software -- Ignore unavailable to you. Want to Upgrade?


To: Madharry who wrote (574)4/14/1998 12:21:00 PM
From: Creditman  Respond to of 1061
 
lOOKS LIKE "THE STREET" DOESN'T LIKE THE phd SALE AS dssi'S PRICE IS DOWN ON HEAVIER THAN USUAL VOLUME.



To: Madharry who wrote (574)4/17/1998 5:50:00 AM
From: Omer Shvili  Read Replies (3) | Respond to of 1061
 
Like you, I was a bit surprised by the price PHD was sold for. I thought it would be a bit higher. DSSI got $7 million in cash, but PHD was valued higher than that (more toards $9 million). This news is positive, as DSSI can now concentrate on their most promising holding - Comverge. Though the numbers jtech is throwing seem very high, they are actualy very reasonable. Comverge may turn into a huge company within a few years, the potential is unbelievable. At $5 1/2 the stock is an incredible bargain, I'm buying on a daily basis.
PHD was still losing money, and with it out of the way (Cybercard should be thrown out as well), DSSI could return to be profitable. I'm very excited about Comverge, and it's only a matter of time before the street notices this stock.
Omer