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Technology Stocks : Brock International (NASDAQ: BROC, the forgotten stock)

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To: robbie_nw who wrote (874)11/11/1997 9:07:00 AM
From: Roger A. Babb   of 928
 
Rob, here are my price targets. These are my personal opinions and are subject not just to the BROC situation but also market conditions. I am convinced that NetGain is a valuable new technology which combined with BROC experience and market base will be a big win.

1 month: I would like to think that the market will quickly realize that BROC has a hot new product coming and will bid up the price to the $6 to $7 range in anticipation. I am probably too optimistic here given that over all market seems headed south, but it could happen if a fund buys in.

3 months: BROC will have had a quarter of increasing revenues to report and NetGain will be receiving publicity from beta tests and market prep advertising. $6 to $8 is a reasonable range.

6 months: BROC will be starting to market NetGain, revenues growing, strength of product recognized. $7 to $10, maybe more.

12 months: BROC has demonstrated strong growth, NetGain recognized leader in SFA field. $15 to $25. Possibility of buyout attempt by larger competitor trying to get NetGain technology.
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