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Technology Stocks : BORL: Time to BUY!

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To: Bill Tucker who wrote (9348)3/8/1998 4:23:00 PM
From: shane forbes  Read Replies (2) of 10836
 
Bill:

I think it will be awhile before the institutional interest in BORL perks up. This stock should be viewed as a long term investment or gamble depending on one's outlook and tolerance of risk. My guess is the new coverage will come to the party a day too late and several dollars too short.

Yes that's one kick-derriere list isn't it? I mentioned this before but if the market wants to play this game with alternating kicking and raising BORL based on upgrade cycles then this year should be a very good year for us shareholders.

Near term the stock's movement is uncertain. Might we could even hit 8. But over the next 4-5 quarters the stock should do well (the one big thing that may screw things up is if this Y2000 thing really comes back to haunt us - we'll hope that the recent successes in the enterprise arena and the long term strategic relationships bode well for BORL re: competition and strategic shifts).

Shane.
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