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Technology Stocks : DSC Communications -- Ignore unavailable to you. Want to Upgrade?


To: Jody Ritchie who wrote (4373)7/20/1998 3:21:00 PM
From: Steve Fancy  Respond to of 4429
 
>>What could the Dept. of Justice possibly want to know?<<

Don't know, but I would guess this is what sent things into profit taking mode today. Probably no big deal. I was happy to see the announcement also. Think any shareholders will vote against the stock swap?

DIGI reports earnings this week I believe. Think it may be Thursday after the bell. Hopefully we'll see some of these contracts from last year kick in and support some more upside.

sf



To: Jody Ritchie who wrote (4373)7/21/1998 2:16:00 PM
From: Maven  Read Replies (1) | Respond to of 4429
 
The DOJ has to be seen as doing its job, especially under its aggressive anti-trust chief.

UNCERTAINTY spooks investors, especially institutional investors, and they run for cover. Worldcom languished for months due to the uncertainties of the EU and DOJ ongoing investigations into the anti-competitive nature of their merger with MCI. As the investigations proceeded, and as various roadblocks were overcome,and as approval of the merger seemed assured, the stock crept up to its present elevated position.

Expect to see the same scenario for DIGI.

Robert S. Sheldon