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Technology Stocks : Barringer technology (barr)
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To: Sparky Beardslee who wrote (458)2/4/1998 11:20:00 PM
From: Wade  Read Replies (1) of 652
 
Sparky,
I have no doubt that the bullish trend is still with us. There are two factors holding the stock price down at here. The first one is the potential of the dilution of the new shares which is still unknown when will they announce it. The second is that BARR still did not demonstrate that it does not need the FAA account to make big earnings.

Once the management has confidence that they can generate great earnings consistently the stock will move up nicely. In order to break out to new highs they need to show investors where they are going to invest the new cash from the PO. I have no doubt that BARR will break out to new highs if investors have these answers.

Sincerely,
Wade
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