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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: James Wright who wrote (7711)8/15/1998 11:39:00 PM
From: Sergio H  Respond to of 29382
 
<I very seldom short stocks, but DSET looks too tempting to pass up. It has now broken below its prior support level of 14 on a steady down trend that shows no signs of abating. In addition, DSET's market segment has been in an overall long term stock price slump.>

Jim, take a look at a chart of the software stocks vs the S & P 500. The charts are parallel. You do know that DSET is a recent IPO. It is know selling below it's IPO price.

DSET blew away March earnings estimates and inched over the June estimates. The three analysts covering the co. have a 5 year growth rate of 50%.

Although your post did not meet with much resistance on the DSET thread, DSET is more of a buy than a sell right now unless we see a market crash.

Sergio