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Technology Stocks : Bolt, Beranek & Newman [BBN]
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To: John Klein who wrote (53)8/12/1996 8:56:00 AM
From: John A. Young   of 307
 
Called my broker on Friday's move; No information.

I think that it's BBN's typical post earnings run up. Look at BBN's stock performance over time. Prior to each announcement there's a small increase. Then a 20%+ POP; Followed by a 10-15% increase; Then a slow and painful retreat. I think BBN is very undervalued and has minimum downside. I'd image more players start entering as we move closer toward the 4th Q of 1997.

I'm looking for a few more points upward in the short term.

- John
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