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Technology Stocks : Diamond Multimedia -- Ignore unavailable to you. Want to Upgrade?

To: Matt Kaarlela who wrote (4146)	3/5/1999 4:18:00 PM
From: counsel777	Read Replies (1) \| Respond to of 4679

Okay. So this is not good. Something hit the fan this afternoon and DIMD was falling like an anvil as the market rocketed upward. Has anyone seen/used Creative's new MP3 player to be introduced in New York? And/or a timetable for DIMD's new MP3 product release? The RIO price cuts lead me to believe it can't be too far away. IMHO, I'm not too concerned re: insider sales, as they've been pretty constant throughout. AK

To: Matt Kaarlela who wrote (4146)	3/6/1999 5:21:00 PM
From: Terrence Von Holidae	Respond to of 4679

Options are exercised after a considerable appreciation in a company's stock price. This is predicated upon granting such options while a company is languishing, or as incentive to attract talent. In DIMD, it it would be the former. Options granted would not be available for exercise at current stock values; the company has not achieved any growth in market capitalization that would suggest it. If options were granted several months ago, and exercised at a stock price several weeks ago, this would indicate trouble. In the event the option's time horizon lapses, in most companies, these are replaced with new contracts. This is available in proxy material for investor edification periodically. DIMD has many challenges ahead. It would be wise to recognize stock performance in light of these challenges. A stock will never respond to the limitations of human understanding that is clouded by emotion. Ahead, the company will find some footing, but expect some price decline near-term. P.S. I'll take a look, but I do not believe any selling was option inspired. This is available in many of the web based sites.

To: Matt Kaarlela who wrote (4146)	3/6/1999 5:37:00 PM
From: Terrence Von Holidae	Read Replies (2) \| Respond to of 4679

Planned selling of restricted stock continues unabated in DIMD. Again, I caution you to divorce your own expectations from a company when discovering its intrinsic value ( not excluding management's past performance.) It is the most quantifiable, despite it being a human asset of variable nature. Past performance is prolog. I will take a look at this company again, after the coming setback in the general market is substantially behind us, to discover its opportunity ratio.