Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : DSSI/DATA Systems & Software -- Ignore unavailable to you. Want to Upgrade?

To: jtechkid who wrote (669)	6/29/1998 1:09:00 PM
From: Steve Pimpis	Respond to of 1061

Is this the article? Following several weeks of declines, the DOW climbed more than 200 points. NASDAQ soared 5% last week, proving that the rises focused this time on technology shares. The highest upturns were posted in large technology companies' shares: Microsoft, following the introduction of Windows 98, and Cisco, after a major analyst raised its target price. The NASDAQ 100 Index, which includes leading technology companies, leapt 7% last week. The smaller shares, among them the Israeli ones, trailed behind the blue chips, and most of my portfolio's shares closed the week without change. Against this backdrop, New Dimension (DDDDF) rose conspicuously. New Dimension has been enjoying positive momentum and much encouragement on Wall Street these last few weeks. Nice (NICEY), which is no longer particularly identified as "Israeli" (thanks to the excellent results management attains, quarter after quarter) also rose steeply. Nice and New Dimension enable me this week to again present a yield of over 20%. I was incapacitated most of last week (don't worry, everything is fine). When a person is confined to bed, there is only one thing he can do without disturbance - ponder. This week, I pondered, in general terms about the market and the Far East crisis, and thought about the specific shares in my portfolio. Omer's Portfolio (Table) Omer's Resume Here are my initial conclusions: the action I took in last week's column - selling Aladdin shares and purchasing more Nice and M-Systems'(FLSHF) shares - helped me to improve my yield this week, and has proven to have been correct. I am utilizing the steep rises in New Dimensions this week, and selling some of my holdings in the company in order to purchase additional Pharmos (PARS) and DSSI (DSSI) shares. I expect Pharmos to shortly begin another round of rises, bursting through its recent price range. The share fell this week even lower than the bargain price of last week, and I cannot remain indifferent at such a price. I received many biting comments regarding DSSI in recent weeks. The share is not behaving as I believed it would, but I am convinced the low price is merely temporary. I am therefore putting my money where my mouth is and purchasing additional shares. DSSI is in an excellent position, Comverge's future appears promising, as does Tower Semiconductors', despite the situation in the global semi-conductor market, and the fact that the share is in the basement. Cumulative Yield* Weekly Yield Shlomi Cohen +23.7% +1.59% Omer Shvili +21.59% +1.94% NASDAQ +18.63% +4.95% Cumulative Yield calculated from January 23, 1998 M-Systems remains stuck at approximately $4.5. I estimate that the share will restart its northbound journey toward August, once the weak second quarter obstacle is out of the way. M-Systems' results will improve during the latter half of the year, and I believe its fourth quarter results will be particularly strong. I anticipate positive announcements by M-Systems long before fourth quarter results are published, relating to new markets, and mainly in the set-top-boxes market. To date, there are two giant companies developing set-top-boxes (GI and Scientific Atlanta). Both of them need to choose a chip to function as a hard disc, and both of them are aware of the advantages of M-Systems' DiscOnChip. If only one of them chooses DiscOnChip for its product, M-Systems will show impressive growth next year. An announcement about winning one of these contracts is expected to be published toward year-end, and there is a good chance that, by the end of the year, we will see M-Systems' share climb to the high levels it reached following the agreement with Microsoft. I estimate that by mid '99, M-Systems will be trading at double-digit levels. Published by Israel's Business Arena June 29, 1998 AT&T Buys, Who Profits? Willenz: I Sold Only 50,000 Shares Omer's Portfolio Omer's Resume Previous Articles: $17 Per Tower Share? Forget It! Shrinking on Wall Street, Expanding Worldwide Who's Dumping DSSI? Electricity Companies' Golden Egg Copaxone is Just a Bonus Tremendous Profit Potential in DSSI Specials Thanks to Analysts 30% of Portfolio in Pharmos, M-Systems << Previous Article Next Article >> Advanced Search The Other Guy +23.7% Portfolio Table Resume Back to Intro Created by Globes-Sites Database-generated by c Copyright 1998, Globes Publishers Ltd. Disclaimer