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Technology Stocks : BORL: Time to BUY!

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To: MENSO who wrote (2640)4/4/1997 11:39:00 PM
From: David R   of 10836
 
Leo excuse me for that misquote, but in actuality it was only a paraphrase not a quote, and was not really inacurate. Soon is relative. If you refer back to those warm conversations we had, you wil also see that I also stated that "barring any unexpected news" borland would likely slip back to the hi 6's. I bought BORL looking for low teens by mid summer. I got in near 6. I have already set my loss limit and I have plenty of room, so I am not sweating. I expect teens by mid summer. So far everything I see looks good. The products are on schedule, and are getting great reception by industry. The stores appear to be moving a good amount of Borland stock. And the market is prepared for a less than stunning quarter. I believe that C++ Builder sales figures, timely release of Delphi, and positive feedback on JBuilder beta re then things that investors are looking for.

This stock is being watched very closely. The folks who wait for the 1st excellent quarter to buy BORL will be to late. Borl will be in teens before that announcement.

Don;t worry, I have lost more in a single trade than I would lose if BORL went to 0. I have also made more than I will make in this trade. This is nothing new to me. I watch thesew companies closely. Decide when to get in, and when to get out. I'd have ulcers if I worried about every lost opp to gain a point or two.
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