BFT: Will the tulip craze ever break down? Message Board

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Strategies & Market Trends : BFT: Will the tulip craze ever break down?

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To: Jeff Jordan who wrote (577)	10/12/1998 1:18:00 AM
From: Pancho Villa	Read Replies (1) of 650

BFT is not undervalued. IMO, this puppy isn't even worth 5 bucks. That is my 12 month price target. Last Fall (1997) when I started talking about BFT at Roger's I gave my $5 two year target which I maintain. I wouldn't be surprised if their high leverage combined with their rotten margins/business prospects push them even lower than $5 (how about $0?)

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