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

To: Luc N. who wrote (823)5/21/1998 1:06:00 PM
From: John F Beule  Read Replies (1) | Respond to of 996
 
You are right, I am wrong, that's what I get for not taking my time on an opinion. BV IS irrelevant to a tech stock. Price-to-Sales is a much better valuation to look at when getting a feel for how high/low a stock is, and that is what I should have been looking at (I think it's around 2x's) that's great from a valuation standpoint! I like to buy stock at that level, so good luck with this one!



To: Luc N. who wrote (823)5/22/1998 9:30:00 AM
From: Luc N.  Read Replies (1) | Respond to of 996
 
Off the press in today's Canadian FInancial POst. Shareholders of MGI to meet and question deal with Discreet since the sharp drop in share value.

The article essentially states that many MGI shareholders want to renegotiate the deal with Discreet. There is a 1 million dollar penalty if MGI wants to get out of the deal.

General consensus is that it won't be renegotiated but it's not 100% sure.


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