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Microcap & Penny Stocks : Boundless Technology (BND)
BND 74.32-0.1%Jan 15 4:00 PM EST

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To: IBMikey who wrote (2009)5/24/1998 6:22:00 PM
From: pogey bait  Read Replies (1) of 2544
 
Thanks for the feedback..Yep, I experienced the same thing..I will say that Red Chip is now diagreeing with the projections of growth offered by BDLS and taking a wait and see attitude..This a change for the Red Chip..Some time ago I too made the observation that BDLS management must of pulled the wool over the eyes of some Red Chip analyst..
Nevertheless, Red Chip indicated that if only BDLS would get rid of its losing Tradewave sector that profitability would return and it has but the Company is still heavily leveraged..Thank goddness for the text terminal business..Still, I think it is a buy here..It was the equivalent of $17.50 only a few months ago..Risky, yes..But, I believe the downside is pretty limited..
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