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Technology Stocks : Brite Voice (BVSI)

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To: swamp fox who wrote (200)9/11/1997 9:09:00 AM
From: Bosco   of 495
 
good morn, Nylic - I can't tell you what to do, but I hope you will be rational about it - judging from your posts, you seem to be a more rational being than me anyway <G>

The old timers here have been riding BVSI down from the mid teens. The Sprint deal probably has legs; however, I don't know if BVSI has finally come out of the trough or not. I hope so.

While there may be pent up demand for the stk, and yesterday news was the 3rd *good* PR finally converted the skeptics who have been soured by the Turkcel and Sweden deals, the stk has gone up 28% in a day!

FAwise, it is not great but ok. TAwise, I suspect it is ahead of itself (jmho.) If you are in, don't panic but watch your back. If you are not, don't listen to the hypes - do your own due diligence.

Personally, I of course like people buying into it - so my position is more secure (and may even breakeven!) OTOH, I want to be a responsible SI netizen, I want to balance the sudden recent excitement with the stk with an overly cautious stand.

Another thing, as I ve pointed out a couple days before, short interest on BVSI has risen, so it is a fair assumption that yesterday spike is due in part by short covering (sorry, no hard data to back my assumption up.)

Btw, a good way to see this is to read the chart.

Hope this help

rgds Bosco
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