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Technology Stocks : Boston Communications Group

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To: John Kriedel who wrote (81)3/3/1998 5:29:00 PM
From: Crash  Read Replies (2) of 136
 
Hi All,
Not sure but I could be typing to myself as there has been no activity on this thread for the past month. Last week I attended the Wireless 98 tradeshow in Atlanta, Ga. and made a point to visit the BCGI booth so that I might get a little info on the recent price drop in the stock. I spoke with a few company personnel and inquired as to their reasoning behind the recent price declines. I received the same basic answer from every person. They were hit with a combination of higher platform deployment costs combined with a service subscriber count that did not meet expectations to date. BCGI blames this on lack of promotional activities by the carriers. I attempted to probe this aspect a little further but failed to make any headway. The company states that they are attempting to resolve this issue by providing the carriers with "Product Distribution Assistance". I also inquired as to the outlook for the next quarter and was only told to look for good news as they expect to exceed expectations. I didn't receive any further clarification so take it for what it's worth.

Regards,
Crash
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