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Technology Stocks : Benchmarq Micro(BMRQ)

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To: Si_Detective who wrote (307)6/16/1998 1:14:00 AM
From: Rex Dwyer  Read Replies (2) of 313
 
How about this?!!? The marriage is probably off.

Well, I'll tell you, I think I'm happy about it. This is now interesting again. I was a bit disappointed with the dilution of the great battery management product line if the merger went through. Now it seems that BMRQ is getting hit with a double whammy of slowdowns, both in commodity PC and equipment parts as well as a massive banking hiccup in Asia.

While I believe the worst may not be over, I will be looking for a buy point here soon. This could be the best news going. We all get a chance to triple our money again buying at $7 and riding it back up past $21.

It was a bit mysterious why Darrel Coker decided to get a new president a while back. Now I think I can guess. It seems to me to be masterminded by the owners who wanted out, easier a merger than pummel the stock price by selling.

What do you all think?

NASDBULL, do you think it can test lower lows? When's a good long term buy point?

Rex
$8 5/8
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