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


To: Trader Dave who wrote (815)5/18/1998 6:27:00 PM
From: Praxis  Respond to of 996
 
I don't think it would be healthy to own much more for the insiders, it would make the stock more illiquid, only about 28% or so of issued shares are outstanding in hands of investors(not incl. instit.)
I know two funds that have bought into DSLGF in last 30 days, one bought a block sold by another fund.
Anyone know if the large blocks are from Marleau Lemire's books, as someone told me the auditors are clearing the books off for their winding down, don't know if this has any merit.



To: Trader Dave who wrote (815)5/20/1998 3:55:00 PM
From: John F Beule  Read Replies (1) | Respond to of 996
 
Well, if I read into your post #812, you own this stock at $20. I don't think you'd be burned....sorry for the bad pun.....if you pick the stock up at these points: $15, $9, $6. As one briefly looking at this, I'd say it's gonna stick around the $10-$15 level for awhile. It looks like their new technology hinges on the release of the Merced chip, so IMO, if I was a bettin' man, I'd wait to see if it gets to at least $9 before adding to the holdings because I'm assuming the level you own it at, and that point would give you a good avg to hold onto. I don't think Merced is due out 'till the EOY?

Hope this helps.