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Technology Stocks : Dialogic ready to soar, funds buying -- Ignore unavailable to you. Want to Upgrade?

To: JH who wrote (638)	1/27/1999 9:09:00 AM
From: jas cooper	Read Replies (3) \| Respond to of 674

I wouldn't disagree, although I find all this volatility somewhat dissappointing. Problem one. With all the interest in internet stocks, Dialogic doesn't seem to be participating in the upside. But when the time comes for the high flyers to correct, Dialogic will probaly decline with them. Problem two. P/E is much too low. Even an ignored, thinly traded stock should provide a price more closely related to the PE of, say, a S&P500 stock. I'm concerned about stocks with too low multiples (reminds me of APM in the past). I'm holding on to my shares until they return to the 40s where it seems they belong. My aversion to the internet stocks (SUNW is as close as I get) has me depending on stocks like DLGC to help me match the gains that the NASDAQ is making lately. james