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Technology Stocks : Brite Voice (BVSI)

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To: CharlieS who wrote (252)10/4/1997 2:33:00 PM
From: Bosco   of 495
 
Charlie - hopefully, you will see daylight soon. As a TA apprentice, 50 dma and 200 dma are crossing over each other as we speak. I don't think it will backfill the gap in the short term. Momentum is +ve. A bit overbought, but not much.

As to the question of the telecom menage trois <vbg>, while it may be possible that that got BVSI noticed, I think the recent developments are coming together nicely.

1. semi-new mgt
2. the benefits of product transitions are finally visible
3. ejection of non core and/or profitable segments
4. facility consolidations completed (hopefully)
5. related to item 3, stronger balance sheet with an one time gain of $35M.

Boy, I almost convince myself to buy some more! <vbg>

rgds Bosco
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