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Technology Stocks : Box Hill Systems

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To: Gene J. Abel who wrote (25)	10/16/1997 2:49:00 PM
From: Mohan Marette	of 113

Gene, IMHO,the stock is down on low volume and on a down day overall.I think some individual investors are impatient as they may have expcted doubling their money in a couple of weeks so to speak.I would worry more,if the volume was large enough to justify it. I think the stock will do fine once the earnings comes out shortly and couple of brokers starts covering it other than Salomon,because Salomon being a lead underwriter of the issue their upgrade (strong buy) may not have much of an effect on investors.I guess same goes for Montgomery,the other lead underwriter.A lot will depend on the earnings and it may take a little time for BHX to appear on the radar screen of investors and in particular other brokers of substance. Remember some 60+ % of the stock is still owned by insiders,so what is left is only a small number of shares in the market to trade.So any imbalance in buy/sell orders are normally magnified. These are just my musings, please do not act upon what I am saying, do your own research and decide for yourself as I am more often than not, wrong!

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