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Technology Stocks : Learmonth & Burchett Management Sys. - LBMSY

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To: Tony Johns who wrote (59)11/20/1997 1:01:00 PM
From: Midas   of 81
 
I agree that the last quarters figures look real good. Looks like
they have learned how to sell the product profitably and grow
sales rapidly at the same time. On these numbers they may make
more than 20 cents net income per share for the full year so for a high growth software company that could translate into a price as
good as $10. However I think the history of the company (and I
am a long time holder) is holding them back, plus the fact they
have been keeping a low profile for the last couple of years.

The results have certainly caused the price to move up and
I would forecast as much as $5 to $6 within 30 days if the story
gets around.
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