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Technology Stocks : BORL: Time to BUY!

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To: David Miller who wrote (10135)4/23/1998 7:12:00 PM
From: Ghassan I. Ghandour  Read Replies (2) of 10836
 
Now you can see why I was skeptical about BORL's pre-earnings rally. Just like last year, after OPEN acquisition, there was a sink quarter where the company dumped everything it could into the earnings with charges, it was bound to happen this time around. That is also why I wasn't fooled by all this talk about cups and handels and good TA as I saw too many suckers rallies in my many years of involvment with stocks. Now, there is another unknown to clarify which lies in this upcoming meeting with analysts next week. What is this tremendously important announcement that Del will be making? Again, I will wait and see (and sell some more if the stock rallies before that). Otherwise, I think BORL will be above 10 this summer and may reach 12 or 13, but first I think it will test some lows again. Still long but cautious... Go BORL... Ghassan.
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