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Technology Stocks : DBS INDS - (OTC:BB DBSS) -- Ignore unavailable to you. Want to Upgrade?


To: Dennis R. Duke who wrote (71)4/15/1999 11:21:00 AM
From: VentureSum  Read Replies (2) | Respond to of 136
 
It's trading in the "warrant range" now. A steal.

Miscues, failed deadlines and an overbearing, greedy Alcatel seem to have conspired to depress the stock. It's in the low 3's now. The $4mm investment from Daimler didn't even move it!

Investor confidence has fallen. I think we're at a critical point. If they conclude either a transaction with EchoStar or Alcatel (or equivalent "partner")within the next 30 days; it should shoot up. $6-8 is reasonable, then higher with debt financing and NASDAQ listing. If deals aren't concluded, I think we're in for a long lull, although the bottom may be here now.

I'm long and bargain buying. Risky, but potentially big near term.

Thoughts anyone?