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Microcap & Penny Stocks : Short Term Picks From the 'Whiz' Kid -- Ignore unavailable to you. Want to Upgrade?


To: Daniel Miller who wrote (814)2/19/1999 5:15:00 PM
From: pressboxjr  Read Replies (1) | Respond to of 9115
 
DCSR, I just bought in today at 1 1/8.

3.7 million shares out with 700K in the float, heavy insider buying and they are system software partners with some heavy hitters (CA and VRTS to name a couple).

DCSR designs, manufactures, and markets a family of high-end computer mass storage systems which use 5.25 inch rewritable, magneto optical disks and CD-ROM disks. For the nine months ended 9/30/98, revenues increased 4% to $6.4 million. Net loss rose 1% to $1.9 million. Revenues benefitted from an expanded customer base. Higher loss reflects unabsorbed manufacturing costs and a high cost of materials due to the inability to achieve purchasing economies of scale.

Would appreciate any comments on this one.

I'm not really sure why the price was up today, but after seeing some decent buying, I jumped on board.

JR