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Technology Stocks : BE Aerospace (BEAV) Breakout
BEAV 64.470.0%Apr 21 5:00 PM EST

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To: Piotr Koziol who wrote (99)7/20/1998 10:14:00 PM
From: Rich Powers  Read Replies (2) of 210
 
Piotr,

I can't understand it either. I work for an aerospace organization and we get every analyst report on aerospace contractors. Virtually every analyst that follows the aerospace industry has a strong buy rating on BEAV. I know institutions own a great deal of the stock and their decisions to buy or sell have a significant impact on its price movement, but this lukewarm interest in the stock just doesn't make any sense given the last quarter's earnings and very positive news releases, like the announcements that you linked us to today.

As I have indicated in my previous post, this has been a trading stock for most investors, but institutions don't even appear to have an interest in trading. However, when I see some significant upward movement, I'm going to jump in and see if I can ride it up to what appears to be its permanent resistance level, 35.

Regards,

Rich
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