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Technology Stocks : Boca research - Reawakening?

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To: Wallace Rivers who wrote (169)1/14/1997 10:29:00 AM
From: Brian Pastor   of 640
 
The MMX chip may doom this company. It apparently does many of the functions of BOCI's and USRX's and Zoom's modems. I do not know how many of those functions (see Yahoo news articles for USRX drom a week or two ago. I got caught too and lost. SHould have picked up the 10 puts. It's a good company but I would not be investing in the short term until I saw how the MMX versus modem plays out. I did say it was a screaming buy before, but that was based on the assumption that they would be able to make their number. Now the trading range will adjust and we all need to be patient and see where it goes. Buying in today is a very risky proposition (at a minimum, you will see another big dip in mid-Feb. when they release actual earnings. Watch it bounce back some then may want to straddle the fence on some Feb. puts anc calls.
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