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Technology Stocks : Boca research - Reawakening?

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To: James H. Williams who wrote (445)8/12/1997 9:20:00 PM
From: Leo Francis   of 640
 
James, DEFINITELY short. And yes, there was a lot of selling, as the stock was "up" most of the day, only to see the bid/ask drop, and end on the bid. As you are a long investor please explain why. I'd love for someone to change my mind. BOCI has claimed they plan on growing by entering retail direct, this after they lost several OEMs. HMMM. Then they fire recently hired retail execs. I guess they were not doing well. Sales are down 65%. Management has yet to explain to my knowledge, how, and WHEN revenues will increase. This is my opinion, but it looks to me to be a classic and profitable short. And that Coollogoc deal does not impress me at all.

Looking forward to a long debate.-g- (pun intended-g-)

Good Trading. LF

BTW, a good way to recoup a loss on a position is to reverse the position. Sell now. Then sell short and profit on the way down.
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