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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Ditchdigger who wrote (11973)2/6/1998 2:14:00 AM
From: Doug R  Read Replies (1) of 79308
 
Ditchdigger,

I mentioned BIAC on the SWAT thread about 3 or 5 weeks ago. I bought that one Dec. '95 and did very well with it. I sold at 13 for the profit and thought I had exited too early. It should have gone well into the 20's but a loss of earnings acceleration hammered the stock's momentum. I think their concept is excellent and if their mgmt. can live up to the concept, it should be a great stock. Because of the problems they had in the 2nd qtr. 1996, a cloud has hung much too long over BIAC.

BTW, did you know that their technology was borne of cattle tracking devices?

Doug R
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