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Technology Stocks : Boca research - Reawakening?
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To: Sparky65 who wrote (373)4/3/1997 9:33:00 AM
From: Greg Jung   of 640
 
We don't have many chartists around here, but I'd venture to guess that it isn't pretty from the technical point of view. Trading below "book value" (which includes how much inventory and used equipment?) is not a "buy it" test. In the '70s several stocks routinely sold below their book. If you want something for book value, buy HechingerA at about 25% of book.

None of this is disaster for Boca, though, as I see it. Just missing out on one buying season for one aspect of the business.

Greg
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