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Technology Stocks : BroadBand Technology(BBTK)

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To: R. Murphey who wrote (1791)12/13/1999 12:15:00 PM
From: Bryan  Read Replies (1) of 1797
 
Bryan, Is this stock becoming a "shorter's" dream? >>>

Not sure, Bob. There are a lot of forces that are driving particular issues these days. BBTK is getting exposure by way of the recent focus on DSL and broadband internet connectivity. Other issues are getting the benefit of association to LINUX. I would not say that the recent surge in price merits a "short" as volume has not exploded like in other issues associated with DSL. I truly believe that the company has realized a "turn around" and that they will benefit from the implementation of their new product going forward. Obviously, some of the price appreciation is due to investor speculation and anticipation, but there are no indications of a trend reversal in the upward BBTK share price, thus, I'd be very careful about shorting this one. Time will tell though. the pieces of the puzzle are coming together, and PR's will clue us all in as to what is going on. Remember, BBT has strong alliances and the potential for this company to become a major player is not totally out of the question.

B
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