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Technology Stocks : Brite Voice (BVSI)

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To: Leman who wrote (209)9/11/1997 4:50:00 PM
From: Steve W.   of 495
 
Brite followers:

I hope my fellow PSYS partner Crash puts his two cents worth about "the largest managed services award in Brite's 13-year history." I've been watching this company for over two years and when I came home yesterday to see what happened I was amazed at the swiftness of volume and price increase, so I got in at the open today not knowing or caring if after hours would take it up or if profit taking would take place. Well the latter happened and I'm still very happy getting in over 11. After a sluggish first two quarters Brite has announced talks about partnership agreements, expansion, and contracts especially in the last month! Then the contract with Sprint PCS with that small quote I used in the first sentence came up, and it had me very excited. Maybe disclosure of numbers would have kept this momentum going, but to have a contract like that seems like an incredible opportunity for investors. Keep in mind everyone is complaining about companies such as IBM possibly having less than expected earnings because of the strong dollar overseas. Well The contract with Sprint shouldn't have that problem since Sprint is an American company. Add that to the fact that out of 400,000 plus shares today there were only two block trades, and I like what is ahead for Brite more and more. It might take a while longer, but an analyst will certainly have to like this most recent contract and upgrade the stock. When I eventually look back I think I'll find that this was a wise investment, and so will anyone else who bought at these prices or below. At least I hope! Good luck!

Steve W.
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