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Technology Stocks : BroadBand Technology(BBTK)

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To: don pagach who wrote (1781)12/7/1999 4:07:00 PM
From: Bryan   of 1797
 
BBTK @ 7 1/4 after it's performance this year isn't really "dropping like a rock". But you had to imagine that a lot of the recent buying was on anticipation of some huge announcement today. Since there was no official announcement, my guess is that sheer profit-taking has batted it down a bit. I'm extremely happy with the recent strength, and I would be lying if I said didn't sell into this strength. I DID take some profits off the table in BBTK. But I'm still long a core position at a sick rate (I won't lose a dime on it), and now BBT will have to prove by it's own merits if it can survive in this competitive environment.

I have not heard or seen anything related to today's meeting.

B
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