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Technology Stocks : HRB, $32, 2 years low, great buy now
HRB 49.43-0.7%Nov 3 3:59 PM EST

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To: Mike 2.0 who wrote (18)8/29/1996 1:05:00 AM
From: Michael Wan   of 86
 
I guess nothing can be for sure these days. The board directors just said "oops" and we are going to loose money. HRB's price dropped from $35 to $25. Csrv price dropped from $30 to $12. 0.7 share of csrv for a share of hrb. 0.7x$30=21 and 0.7x$12=8.4. The difference is about $12. Any conincidence? You may say that the price drop in hrb is due to the decline in value of csrv. How low will csrv go? Now that the problem is that hrb management can change their mind so quickly, will the market loose faith in them. Will more shareholders sell their share after 9/1/96? The game has been changed. I want to go to the shareholder's meeting on 9/11 before I make my decision on whether I should sell my share. Michael
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