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


To: Ramsey Su who wrote (4159)5/12/1998 1:39:00 PM
From: Yeadon  Read Replies (2) | Respond to of 4429
 
Part of reason for lackluster response, besides DSC always seeming to go down on news announcements, is that on CNBC today the technician Dorsey Wright (?sp) was asked about DSC's stock prospects and he said "dismal" and "avoid the stock." While he has a strong following, the accuracy of his predictions on CNBC have only been mixed.
Yeadon



To: Ramsey Su who wrote (4159)5/13/1998 2:09:00 AM
From: PlanoSpy  Read Replies (1) | Respond to of 4429
 
Ramsey,
My last post (#4040) talked about rumors of impending layoffs. The layoffs did happen much like the end of 1997. ABout 1.5 times the size of the last layoff plus consolidating remaining employees in affected departments into better performing departments. A lot of resume updating going on right now at DSC.
PlanoSpy