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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Mengistu ejigu who wrote (5245)3/19/1998 8:41:00 AM
From: Gokhan Gezmisoglu   of 18691
 
BOCI - a good short now?

BOCI had a press release yesterday;

biz.yahoo.com

It seems like they are shipping a new product for $400. It is
an Internet access device which needs a TV or a monitor and
an analog line to work. The product also has Citrix software
installed to access to the Microsoft applications. (if the
target network has been set up so)

I personally see no future whatsoever for the product for the
following reasons;

1) $800 PCs, I am sure $800 laptops will follow
2) CRTM (new ticker UVEW) had a similar product, stock price
speaks for itself

Any press release with "Internet" in it these days boosts the
stock price 10-15%.

Gokhan

* This is not investment advice. I currently do not have any
position in this stock. All I know is, it is primed for a
10% move and I am willing to bet it is going to be down.
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