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To: MomentumMan who wrote (63347)3/20/1999 8:58:00 PM
From: hoffy  Read Replies (1) | Respond to of 119973
 
MomentumMan. I bet you are right about DGV. This stock is just starting to get noticed. The float is so small and was mostly eaten up on Friday. I bet we gap a point or so on Monday and then run a bit until Wednesday or thursday. Most stocks in business week tend to run at least until mid week before they pull back some. I think DGV can easily get into double digits and may be even well into them begfore it stops and has some profit taking.
The business week article was very very positive and after the stock moves up on Monday more people will want to read about this company and then they'll see the article and jump in around tuesday or wednesday. That's how these business week stocks run for a few days. Especiall with the small float in DGV it could move very fast.



To: MomentumMan who wrote (63347)3/21/1999 9:59:00 AM
From: ErnestPoe  Read Replies (1) | Respond to of 119973
 
DGV third most active on Friday for the Amex. Lets see what next week bring. Recent IPO trading at it offering. I think we will see further upside in DGV (15.00 EOM).

Thanks,
SW

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Digital Lava to Earn 72 Cents/Sh Next Year, Business Week Says

Los Angeles, March 18 (Bloomberg) - Digital Lava Inc., a maker of software for creating computer video that went public last month, should earn 72 cents a share next year on revenue of $18.7 million, compared with an estimated 78 cent loss this year, Security Trading Capital Inc. analyst Ray Dirks said in Business Week's ''Inside Wall Street'' column. Digital, whose partners include Microsoft Corp., RealNetworks Inc. and Silicon Graphics Inc., ''is a very undervalued play on the future of video applications on computer networks,'' said Brian Hathaway of Hathaway Investment Advisers, which owns 230,000 Digital shares. An unidentified money manager thinks Microsoft may incorporate Digital's video software in its products, the magazine said.

Digital, whose shares rose 1 11/16 to 6 3/4, sold 2.4 million shares to the public Feb. 17 for $7.50 a share.

(BW, 3/29, 180, www.businessweek.com)

20:16:27 03/18/1999

For more stories from Bloomberg News, click here.