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Technology Stocks : Discreet Logic (DSLGF) - It is a good buy NOW! -- Ignore unavailable to you. Want to Upgrade?


To: em who wrote (783)5/14/1998 1:10:00 PM
From: Trader Dave  Read Replies (2) | Respond to of 996
 
I don't know if the company is going down, but the stock sure is. No one is about to put a sell rating on the stock. Believe it or not, analysts and institutions are very careful with that kind of stuff, if they trade on (or distribute) that kind of information before it's public information, they're likely to end up in prison somewhere as Bubba's girlfriend.

There's still large institutional seller out there, we haven't found the bottom yet.

Company management is out of town. (Maybe cannes) but will be available next week. We'll find out more next week. For now, there's an absence of any good news, and with the direction of the stock, that's scary. I'm holding because for some reason I still believe in the fundamentals. Oh well. Any TA types out there to guess where the bottom is? It feels like $12 or so.

TD