re: BRZE. I checked it briefly at your earlier posts Dale, and dismissed it. I've relooked, and now I'm having some difficulty in rejecting it so quickly.
Couple of category issues for me. One is whether this BRZE is a "good" technology stock and thus with growth profiles to be expected therefrom. Or is it a value stock if one emphasizes a going business with good financials? (And maybe the company fits both categories.) I dismiss BRZE as a tech stock for me, because I don't know enough about its prospects or its technology space. However, as a value stock--- BRZE looks like a buy to me. Which brings in a second category -- how long one might have to hold for a decent gain (this thread's 50%, perhaps a double for me). Imo, BRZE could double within a year-- and with the right market moves (some, maybe a large many, of these tech stocks seem (to me) to move in sync), the stock could do 50% or even a double from its current price, in any good week.
I face two personal issues. One: The stock's near 6, already up from a recent 4 or 5. I have trouble coming late to these parties! I just do not like paying 20-50% more than what I would've paid just a couple of weeks ago. Two: I already have an exposure to two Israeli tech-value companies, FORTY and ECIL, and I believe their performance decline is in some way related to the mideast turmoil. There's still a possible stock decline in all these Israeli stocks, imo.
Somewhere around here though I'll likely add to my very losing position in ECIL. And, given BRZE's very strong cash position relative to its price even now, I'm tempted to start an exploratory position with it.
Paul S. |
