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Technology Stocks : BDMI
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To: Smoky Lake who wrote (3)4/25/1997 4:11:00 PM
From: David Roach   of 17
 
I was lucky enough to be employed by BDM several years ago. It is a great company. I acquired stock before the IPO. I picked it up at $4 (split adjusted). They have reorganized and taken $16.6M in one time charges. That should increase there net income in future years.

Oppenhiemer has a target of $32-$35 in the next 12 months. Its BDM Technologies division is getting into the Y2K area with its product SMART/2000. They already have 2 very large projects underway. One is a state gov't ($27M) and the other is one of the nation's largest hotel chains. BDM is a better Y2K play that most other companies because it has a long history of managing large projects and has the resources most smaller companies do not have (cash and credit lines).

I would love to pick up some more at 20.

Dave
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