Dicom Group (DCM) provides hardware and software for electronic data capture..the business includes equipment and software systems for quickly and securely transferring documents at corporate volume levels...
There are rumours of a DCM/Microsoft deal ...if such rumours are half true watch the share price fly...
See this article from Sharecast to get a clearer picture:
"http://www.sharecast.com/news/scnews1.asp?StoryID=3812"
DCM which bucked friday’s pull back by going up +20 to 537.5..tracking Dicom's Neuer Markt quote higher on a recommendation in Platow Börse, a German tip sheet.. with Fund managers continuing to weigh a 930p fair value target ... while Williams de Broë advising strong buy....has been hovering between 650 and 450 ever since it climbed up over 1200 in March and fell down to 500 during the following tech burst...except when it dipped to over 350 end of Nov. where it formed year low and rose immediately to 520...since the beg. of Jan. when DCM touched and bounced from 410 it’s been looking bullish and forming higher highs and higher lows...last rise started at 500 and now at 537.5 the price seems to be rising non-stop...next resistance level seems to be around 550...if this is broken which is highly likely the following one is 610-630 where it formed double tops and fell down in September...OBV has been heading up sharply for the last 3 trade days suggesting smart money could be piling in...
DCM is certainly worth watching closely..
Riz
[Edited by Riz on 30-01-2001 at 12:37 AM]
There are rumours of a DCM/Microsoft deal ...if such rumours are half true watch the share price fly...
See this article from Sharecast to get a clearer picture:
"http://www.sharecast.com/news/scnews1.asp?StoryID=3812"
DCM which bucked friday’s pull back by going up +20 to 537.5..tracking Dicom's Neuer Markt quote higher on a recommendation in Platow Börse, a German tip sheet.. with Fund managers continuing to weigh a 930p fair value target ... while Williams de Broë advising strong buy....has been hovering between 650 and 450 ever since it climbed up over 1200 in March and fell down to 500 during the following tech burst...except when it dipped to over 350 end of Nov. where it formed year low and rose immediately to 520...since the beg. of Jan. when DCM touched and bounced from 410 it’s been looking bullish and forming higher highs and higher lows...last rise started at 500 and now at 537.5 the price seems to be rising non-stop...next resistance level seems to be around 550...if this is broken which is highly likely the following one is 610-630 where it formed double tops and fell down in September...OBV has been heading up sharply for the last 3 trade days suggesting smart money could be piling in...
DCM is certainly worth watching closely..
Riz
[Edited by Riz on 30-01-2001 at 12:37 AM]
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