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Technology Stocks : Learmonth & Burchett Management Sys. - LBMSY

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To: Tony Johns who wrote (34)5/28/1997 6:06:00 PM
From: Tony Johns   of 81
 
Patrick and Mark:

OK, 6 cents last quarter and 8 cents this quarter, a 33% increase.

IMHO, the 33% increase that I just mentioned is misleading at this low level of profit. On the other hand, at least they have had two quarters of profit.

So now for the big question, where will this thing go in the short run? As usual, some people must have gotten advanced word because the stock was up 5/8 today before the news but, is the upward run over for the short run? Will we see $6 or $7 tomorrow? I'm thinking that we may break $6 but I'm not very sure about $7. Maybe $7 within two weeks or so but I'm thinking that we need one more good quarter to make it to double digits.

Of course I'm hoping that you will post your opinions;

Tony
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