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Technology Stocks : SSA (SSAX) BPCS/Client Server

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To: MAURICE J. SADOWSKY who wrote (562)2/10/1998 11:58:00 PM
From: James B. Barnes  Read Replies (3) of 915
 
Guys I appreciate your posts and the effort you put into them. I'd like to add one more thing. It appears to me looking back over the last year that many investors have been very wrong about this stock on more then one occasion. Back in April I should have been buying at $4-5. What was I thinking? What were the sellers of the stock thinking? Then between October 28 and the date earnings were released for the fiscal year end the stock ran all the way up to $15.69...then sank big time over information that was largely in investor's hands for weeks and weeks! What were investors thinking?? How could they be so wrong?

So I'd encourage all the longs today (I'm one), take a deep breath and remember that over the past year most of the time the stock has been subject to quick and dramatic changes. I believe the stock presently is pretty cheap. I hope I'm right. I wish I had the gumption to buy more, but I already have about all I should own.

Another point I think that's worth making is when you consider all the uncertainties of the past year that have finally been put to rest and consider all the shares that were bought at higher prices then today's while those uncertainties still existed, I say those buying at these prices with all those uncertainties out of the way are getting one heck of a deal.

Anyway, good luck to all. Keep up the good work.

James
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