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Technology Stocks : BORL: Time to BUY!

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To: Michael Coley who wrote (2424)3/20/1997 12:44:00 AM
From: David R   of 10836
 
>is it just me, or is Yocam setting his target way too low?

My guess is that he used numbers that are very conservative, and used industry stats as a guage. So his estimates sound reasonable, and are doable fairly easily. If expectations are low, then they are easy to beat. If he set very agressive estimates, any glitch in execution would be disaster. Since, appearantly, wallstreet is not complaining about his estimates, his sell job worked. I see no reason to change my expectation for $15 by mid summer. If that happens, I'll likely sell Borl and move on to greener pastures (unless of course there is strong reason to believe that they will move much higher).

Just my 2 cents.
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