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Technology Stocks : Bolt, Beranek & Newman [BBN]

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To: John Klein who wrote (41)8/2/1996 1:41:00 PM
From: John A. Young   of 307
 
BBN is significantly undervalued.

In addition to the fact that they have the second largest Internet backbone (to UUNet), they are also into:

- hosting (e.g. Scudder, Amer. Online, etc...),
- leased line services,
- Integration,
- software development
- voice recognition software systems
- US Government Hosting and contract work

Oh, let's not forget that they're developing a multigigabyte router.

This company stated as part of their last annual report that they were going to do three things.

1. Focus on the Internet (divested Domain)
2. Development Partners (over 2500+ electronic publishers, USWEB, and now Arthur Anderson)
3. Return to profitability

They done the first two in great style and increased rev. can you doubt that profitability is far behind. NO. When they do become profitable (within a few quarters), watch this baby rocket! Let's not forget that they have $150MM in the bank.

IMHO BETTER GET IN NOW BECAUSE THIS WINDOW OF OPPORTUNITY IS CLOSING FAST!

- John
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