Boca research - Reawakening? Message Board

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Technology Stocks : Boca research - Reawakening?

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To: Christopher Brainard who wrote (506)	2/12/1998 9:30:00 AM
From: Bottom Picker	Read Replies (1) of 640

Chris, four insiders purchased more than $300,000 worth of stocks over the last six months and the company's $7+ million cash are two good signs that the company will not go out of business. Some of the recent insider purchases are as follows: Insider Buying & Selling Activity --------------------------------- Insider Name Shrs Trd (000) Date Price Rel WYATT ARTHUR R 4 11/14/97 7.69 D ZALENSKI ANTHONY F 3 11/10/97 7.69 O ZALENSKI ANTHONY F 7 11/07/97 7.63 O WYATT ARTHUR R 2 11/07/97 7.50 D HAMILTON JAMES E 2 05/30/97 6.25 P HAMILTON JAMES E 1 05/29/97 6.75 P ZALENSKI ANTHONY F 10 05/21/97 5.50 OD ZALENSKI ANTHONY F 5 05/19/97 5.44 OD ZALENSKI ANTHONY F 10 05/07/97 6.13 OD RITCHASON MARTHA 4 05/07/97 6.13 VP They burned through about $2.5 million cash last quarter. So at that rate plus the fact that they have no debt, they should be able to survive another 3 quarters even given the possibility of more uncollectables. With book value at $5.5, and recent insider purchases averaging at around $6.5, yesterday's price of $3+ maybe a real bargain. Good Trading.

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