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Non-Tech : BMC Industries

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To: RoadWarrior who wrote (243)11/28/1997 1:29:00 PM
From: Indiana Slim   of 359
 
Thanks for the link, Road Warrior.

I gave a friend of mine a tip on BMC, knowing that he would talk to his broker before investing. He's pretty careful with his investments. His broker recommended this stock with a short term target of 22 - 23.. The feeling was that if the current problem was really just a momentary blip, the target was then back to 30 - 40. The broker's analysts said that the market treated the announcement as a permanent condition and oversold the stock. I felt that way before I invested in it. (egads - am I finally learning something?)

Here's hoping for 22 soon.

Bill
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