Conference 7.286::digital

    It must be taken positively by the public, today the price of Digital
    stock as of this afternoon is $24.  There has been brisk trading and
    it seems the at Wall Street looks at those and other comments well
    

    Dorfman has been a long time critic of Digital and was predicting
    problems for us back in 87 & 88.
    

    I see it, I see it! 
    
    ... the light at the end of the tunnel!
    
    -j

    re .4
    
    Or is it simply the light of another train..... whoo whooo....
    
    Mav

    Well, it's working...Digital Stock going up and up

    They specifically said it was in response to DEC lowering the prices on
    PCs like Compaq and IBM.  Not because we finally have a Strategy or
    some Direction from SLT.

Actually, the report had nothing to do with PC price cuts, and investors 
never see slimmer margins as a buying indicator.

The report I saw this morning by Dorfman was a followup to yesterday. He
indicated that it was not "major investors", but "A major investor", singular.
"Major" is an appropriate term since the buy was around 2M shares.   This
guy (Roshman? or something) apparently has a nack for finding good buys.

He's looking at $50/share in 12 months.  

	He Liked Alpha/AXP.  
	He thought we could lead the pack in Client/Server Computing
	He commented that Digital management is doing all the right things.

Two out of three ain't bad...  8^)

Bob

    Could it be that Dave Cutler has found a means to buy his way back into
    Digital, take control from a stock ownership perspective, and put the
    fire and brimstone back into a new DEC culture?
    
    Could it be that Bill Gates has decided to go after Digital from a
    fresh perspective --  buy a company whose hardware can support MS
    products and change the chip playing field level?
    
    Could it be that there is money to be made with DEC stock in the next
    six months that you and I aren't savvy enough to recognize?
    
    Or could it be that some poor trading house's trading system started
    buying based on a programming bug?
    
    The next six months will tell all.
    
    
    Strider

    I'm not going to wet myself quite yet over Dan Dorfman's
    comments.

    If you look back through this file, you'll find dozen of
    notes saying 'xxx analyst at yyy firm' has upgraded digital
    from a hold to a buy.  All the while, the price went from 190
    to 18.   (I wonder if BP and KO fight over who gets to put
    that on their resume?) To me, Dorfman is just one more.

    Also, there was a stock that Dorfman was all excited about
    back in June/July (that, of course, I can't remember) and
    it went up a bit when his column appeared, and then went
    right into the hopper.

    My reading of DEC's chart says the price is breaking through
    the trend line, but it's a little early to make a
    determination; and there there may be lots of price
    resistance around thirty.

    
    
    The rumour has it that AT&T are buying "significant amount of DEC
    stock"
    
    Can anyone confirm or is it just another wild guess ?
    
    GB

fridays stock price: 

DEC 24 7/8 change +0 5/8

and this is going on since a few weeks.

End of September is quarter closing, and BP is going to make an announcement.

Until now, stock dropped after such an announcement. 

Let's see if we are stable enough.

my 2 pf

    It is very possible that the only reason our stock has jumped is
    because of Dan's opinion.
    
    He has picked a lot of winners.  When he does his 2 minute thing on
    CNBC people listen from all over.  
    
    He has so many followers that buy exactly what he says for the short
    term gain. It is rare that when he says something that the stock does
    not go up about 10% within the week.  - Test it.
    
    

    don't get excited, and read more; small company high tech stocks are
    going up dramatically  (due to revised ideas of their worth) so this
    will drag up other high tech companies. Plus the stock market generally
    is more optimistic
    
           

    ... Interesting though.. if you check the livewire stock report, the
    volume was HUGE on thursday and friday last week ,6x normal volumes.
    But I don't know if this was the only reason.

    It's rumoured (again, I know) that one (1) single investor is buying
    Digital stock. Any clues?
    
    Henny

    >>It's rumoured (again, I know) that one (1) single investor is buying
    >>Digital stock. Any clues?
    
    I guess that lets Bill Gates out.  He's no longer single.
    
    
    Dave
    

    re. -2
    
    I confess it's me. I just bought 59 shares to round out a block of 100
    so I could write an option on it. I'll warn everyone before I decide to
    sell...;^)
    
    lt
    

    .16
    
    
    Obviously, Bob Palmer. How else to keep his job?????????????
    

    	SOMEONE still believes in us!
    	
    
Headline: Digital Equip Up 4%; Dorfman Notes Large Investor Buy >DEC


  NEW YORK (AP-DJ)-- Digital Equipment Corp. (DEC) was up 4.3% following a
report that California investor Joseph Harrosh had bought roughly 2
million shares of the company over the last few months. 
  CNBC financial correspondent Dan Dorfman said in his broadcast today that
the West Coast investor was said to have purchased about 50 million dlrs
worth of the stock. 
  Harrosh, reached in Fremont, Calif., said he was a 'substantial holder'
in Digital Equipment. But he wouldn't elaborate on his stake in the
computer systems and peripherals company, which has been floundering. 
  Harrosh confirmed that his investments have included stock in turnaround
companies, such as National Data Corp. (NDC), Bolt Beranek & Newman Inc.
(BBN) and preferred shares of Bethlehem Steel. Corp. (BS). 
  'My history recently has been in turnarounds,' he said. 
  NYSE-listed Digital Equipment was up 1, or 4.3%, at 24 on volume of 2.5
million shares, compared with average daily volume of 808,100. 
  Also, as reported earlier today, Digital Equipment and Microsoft Corp.
(MSFT) signed an agreement naming Digital as a world-wide authorized
support center in the Microsoft Solution Provider Program. Separately, it
was reported that Digital is going to sell its database software unit to
Oracle Corp. (ORCL) for about 100 million dlrs. 
  (END) AP-DOW JONES NEWS 25-08-94
  1818GMT
-

    
    Hmmm, so money REALLY makes money....
    
    
      2M shares @~ $21 = $42M  invested, 
    
                                shares go up to $24.5 in 2 days
     
    =>2M shares @~$24.5 = $49M  diff= +$7M in 2 days.....
    
    
    
    NOT BAD.....   :-)

    >> Hmmm, so money REALLY makes money....
    
      True. I am also reminded of the story of the guy who read that 'penny
    shares' were a good investment, because they could double in price far
    more easily than more expensive ones.
    
      Sooo, he looks throught the financial pages, selects a company whose
    shares are listed at 1p. each, calls up his broker and tells him to buy
    10,000 pounds worth. The broker tries to dissuade him, tells him the
    company is a shell, the shares are worthless etc., but he insists.
    
      Next day, he opens the paper, and the shares are standing at 2p.
    each. He calls his broker, and orders him to buy another 10,000 pounds
    worth. The broker again tries to dissuade him, but he is adamant.
    
      Next day, when he looks in the paper, the shares are standing at 3p
    each. Figuring that the rise in the price is tailing off, and this is
    enough to turn a tidy profit, he calls his broker again. He tells him
    "Sell!". The broker replies "Who to?".
    
    Ken

    	If you think we have problems, have some sympathy for EuroDisney
    and its shareholders. The shares have gone from FF168 to FF9 a lot
    faster than DEC shares went from $198 to $19.

in re .21:

|    =>2M shares @~$24.5 = $49M  diff= +$7M in 2 days.....

$7M .. on paper .. ever tried to unload 2 Million shares? Just like this guy's
buy may have boosted the price, if he dumps it may cause a drop. Nevertheless
he'll probably make a handsome pile of money even if he dumped.

>Per

|    =>2M shares @~$24.5 = $49M  diff= +$7M in 2 days.....

yeah, and you can lose that much just as quick...

    
    
    
|      =>2M shares @~$24.5 = $49M  diff= +$7M in 2 days.....
    
    yeah, and that's what trading is all about... 

    Re> Last few 
    How about $11M. in 2 weeks ??
    
    
    	Did Dorfaman made other comments about Digital ??
    	Stocks are up again.

    While listening to the stack market report at noon today, I was
    surprised to hear Digital announced as on of the strong gainers;1-1/2
    
    The reason was that the analysts have given a STRONG BUY recommendation
    on a predicted PROFITABLE first quarter!
    
    I hope so.
    
    Tom
    

    In the space I support, the account is having probably one of its best
    quarters ever.  Course it helps that its the guvt year-end, but we're
    certing axps' like crazy.

>>    The reason was that the analysts have given a STRONG BUY recommendation
>>    on a predicted PROFITABLE first quarter!
  		     ^^^^^^^^^^
Don't bet on it.  My account was told that we'll likely post a loss Q1, and 
improve from there over the year.

I believe that the reason was an expected profit for Q1 CY95 which is
our Q3 (Jan-Feb-Mar), although expectations that FY95 will still
result in a net loss for the year. I assume that expectations are for
a profitable Q2 CY95, which is our Q4FY95.

Pete

    If we sell off enough, we'll make a profit for one quarter at least.
    :-)