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Technology Stocks : Bolt, Beranek & Newman [BBN]

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To: mitch perry who wrote (51)8/9/1996 2:42:00 PM
From: John A. Young   of 307
 
Ok... Profitability isn't gonna happen in two quarters. From what I've been able to collect BBN is 'targeting' positive earnings for the forth quarter of 1997. I have to admit that it's along way from today to the end of 1997 to see positive quarterly earnings, but I'm long.

I have also considered the possibility that BBN will be acquired within the next 12 months. However, I don't have any info. that says that they will be acquired.

All in All the downside looks minimum and I can wait.

Long on BBN.

- John
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