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Technology Stocks : BORL: Time to BUY!

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To: TChai who wrote (8985)2/8/1998 11:20:00 AM
From: Sam Scrutchins  Read Replies (2) of 10836
 
The Yocam Rally which started in late '96 is on its way to test the Nov high at 12. It should break that and continue on to test the important resistance at 20. That's the old high made in early '96 with the Delphi Rally. My guess is that it will break this '96 high and then move on to test the next major resistance at 25. That is because BI is fundamentally a stronger company than it was in '96.

TChai,

Nice overall analysis, especially of Borland. And, I hope that acknowledgement is not my looking through rose-colored glasses at the future of Borland.

You didn't mention any timeframes for the move of Borland towards 25. When do you expect the stock to approach 12, 20, and 25. TIA

Sam
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