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


To: MartinF who wrote (983)8/23/1998 8:48:00 PM
From: Michael Prescesky  Read Replies (2) | Respond to of 996
 
Yikes!!

Either they are REALLY stupid at Discreet, or we haven't heard the whole story yet.

If ADSK pre-announced, one would have to believe that, since the deal was pegged to the share price of ADSK, this would have been brought up by DSLGF through the negotiations.

I bought into DSLGF (some at 18, some at 12) because I thought it was a really interesting company that would get a boost with a new CEO who could tell their story, etc etc., and the share price would jump accordingly.

Now, I effectively own ADSK - a boring outfit that every draftsman in the world loves to hate.

Hope that there is more to this deal than we've seen - maybe ADSK is coming out with a revolutionary 4D CAD program, using Discreet effects? We will see the Titanic in multi-coloured line drawings? Only The Shadow knows...

PS had a nice visit to Montreal my old home town this summer - seems to be on the uptake, which was nice to see...

Cheers,

Mike