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

To: Sultan who wrote (788)	5/14/1998 3:31:00 PM
From: Trader Dave	Respond to of 996

The results weren't as bad as last years'. They still showed decent revenue and earnings growth, but credibility is more important than absolute results. In addition, from a short term perspective, why should anyone buy this minute? We've got the mgi uncertainty and we need feedback on how this quarter is shaping up. I'd rather buy again at $15 or $16 on its way back up to being fixed, than buy more now when we could see another leg down. If there are folks out there that know the market and the discreet product line up and believe in both, now is the time to buy. But for institutional investors, right at this minute, no one is giving them any reasons to buy now. Why should the analysts at Piper and Volpe tell anyone one to buy right now? They were screaming their heads off telling everyone to own this thing at the end of the quarter and Pow! they got burned. The analyst at Piper Jaffray was so badly burned, his hair is completely gone!!! TD