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Technology Stocks : SSA (SSAX) BPCS/Client Server

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To: Frank Vannucci who wrote (853)	8/16/1998 2:00:00 PM
From: Richard Jurek	Read Replies (1) of 915

Frank -- not a bad strategy to lighten up. I too have a lot in cash just in case. On the SSAX front, I have my double digit K shares in core just under 5 and I am going to hold. I think most of the negatives are written into the price. Damage would be on real negative cash or some other surprise, like a much larger loss. I personally think the strategy is one: clean up the books, stem revenue hemorage (via consulting, services, and a few key new clients), and sell the client base and product to someone with the cash to follow through on R&D. This new management -- that is their job: make this company sellable. That's what will happen, and I am holding for a higher price. Short term volatility aside. On anything in the $4.5 to $4 range, I am buying; those shares I have been selling in the 5.50 5 5/8 range, consistantly. But my core I am going to hold on to for a little higher, in the 7's or 8's. Will let you know what I think as things progress. I look for a couple of announcements on Monday or Tuesday, prior to earnings...such as a new customer or two...that will be a good sign... Good Luck, Rich

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