SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Box Hill Systems

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Clam Clam who wrote (88)12/23/1997 11:15:00 AM
From: Mark T. Heath  Read Replies (1) of 113
 
I currently own MTIC, a competitor of BXH. I was amazed to see BXH trading below $10 this morning. I done some quick research and can find no reason for the price plunge. I did see some indication that the company wants to expand into Asian markets, but can not cofirm or dispute your statement regarding any "Asian flu" problems. Noting that BXH trades at what is now a substantial discount when compared to EMC and MTIC, this stock has caught my eye. I'm leary to pull the trigger on it since I can find no rational explanation for the price drop. I do know that Barber & Bronson, a small regional brokerage house in Florida, has a strong buy on the stock. At one time shortly after the IPO, Salamon had a buy on it. Why the huge price drop? I can find nothing to justify it. What were the selling constraints on the insiders after the IPO? Are the insiders bailing out already?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext