BCOM, Great earnings, and a 2 for 1 split . Message Board

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Non-Tech : BCOM, Great earnings, and a 2 for 1 split .

BCOM 2.160

+3.3%

Nov 16 4:00 PM EST

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To: John Peterson who wrote (53)	2/5/1998 11:54:00 AM
From: Carl Yee	Read Replies (1) of 182

Shorting in itself does not mean there is anything wrong in terms of the fundies for the company. It does mean that the stock may be seen as having gotten ahead of itself in terms of price. I have noticed that several smallish western banks that I watch have also been in a downtrend, even though their earnings were very good last qtr., like BCOM's. The downtrend took off when the large money center banks started this latest run. So it may be a sector trend right now as money rotates and profits are taken. Just my observations, no inside info. I do have a small position long in BCOM.

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