Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Crossy who wrote (7006)	4/2/1998 6:05:00 PM
From: LastShadow	Read Replies (2) of 120523

Weekly Portfolio - BOST Ouch. I don't know what happened yet, but I think I may buy another 700 shares tomorrow at open for the Weekly Portfolio to average down. Basically they filed their 10k on Wednesday, which drove the stock down as it said their 1st qtr revenues weren't enough to satisy their crdit agreements. Why it tanked today could be due to downgrades, institutional selling or some related news I dnd't find yet. Be that as it may, with 343 million in capitlizaton and 0.8 price to sales ratio it looks like I will be holding a bit. Sellng at this loss % (even for 300 shares) would just feed the overreaction today. lastshadow

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