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DSP Group Inc. Message Board

  • ThreePete ThreePete May 21, 1999 10:09 AM Flag

    So what's going on?

    I don't understand the lack of interest on this
    board. The stock
    doubles in less than six weeks, and
    breaks out to a fifty-two
    week high this week and
    all I read are trashy plugs for
    penny
    stocks.

    I'm embarrassed to admit it but I bought DSPG in
    Februry after it was recommended by an internet stock
    advisory service. At the time of the recommendation, it
    was languishing around 14. I thought their first
    quarter earnings report would not help the stock, even
    though the company indicated that it would be
    lacklustre.

    So they are changing their product line and I keep
    hearing about
    this Audiocodes as if it was the second
    coming. Certainly a few
    analysts upgrades can't be
    responsible for this runup? So what
    is going on?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • is important, esp. if you know who it comes from.
      That requires Level II quotes, which I don't have
      (partly due to cost). However, anyone can access
      http://www.thomsoninvest.net/iwatch/cgi-bin/iw_page free daily after the market close. Have a look at
      the pie chart and those colored triangles. Compare
      this chart to other stocks. Today DSPG had more retail
      volume than usual. It's been running 90-95%
      institutional for the last two weeks (which is
      good).

      Lenyas- thanks a lot for the Goldman analyst excerpt.

    • I am a long time holder in this equity, and am
      not knowledgeable. To what extent is this stock being
      driven up by speculators and day traders? Is volume a
      clue? I followed this up once to $42 and then down to
      $12, always staunchly holding position. Any thoughts
      will be appreciated, Thanx. [By the way, it is my
      first time here and I think it is remarkable that this
      site exists for this small company.]

    • There's no link. I just happen to have a report from Goldman.

    • Could you provide a link for the information you posted?

      Thanks

    • If you look at this company's profile and
      financials, you will see that it is a good company. Thats why
      the stock price is going up.

      A rising tide
      lifts boats that don't have holes in their
      bottoms.

      IMHO....

    • Here is the quote from GS report:

      DSP
      Group currently trades at a P/E of 18 times and 12
      times our 1999 and 2000 EPS estimates, respectively.
      However, we believe DSP Group's valuation is considerably
      more attractive than the earnings multiple reveals.
      DSP Group has a 30% stake in an Israeli IP
      communications company called AudioCodes, which has recently
      filed a prospectus for an IPO, with a pricing range
      $200-$250m. Based on a mid-range estimate of AudioCode's
      share price, post-offering, DSP Group's 27% holding in
      AudioCodes will likely be worth roughly $55-60m, or about $5
      per DSPG share. In addition, DSP Group has roughly
      $100m, or $8 per share, in net cash.


      This
      stock can easily go to 30's within a week!

      • 1 Reply to Lenyas
      • I wish I had this information about the IPO
        earlier, but it really doesn't change anything
        significant.

        I was a long holder of DSPG, and feel it has alot
        of potential.
        But, I'd have to be crazy to stay
        long with prices this high, even in spite of the
        information given.

        I knew that this company was
        undervalued when it was around $10 and $20, yet it was down
        in that range for months. I'll hop back in when the
        prices are more reasonable. Either way, I'm way
        ahead.

        I sleep better at night with money in my pocket.

 
DSPG
8.77Jul 10 4:00 PMEDT

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