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Technology Stocks : USRX

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To: BBoron who wrote (8572)1/20/1997 5:22:00 PM
From: Janice Shell   of 18024
 
Brian--

Yeah? Certainly it makes no sense to buy dogs, but PLAT isn't one, and is in any case expected to go positive this quarter. You remind me of one of my former brokers who thought I was nuts (and convinced me that I really was) because I wanted to buy DAVX at 2 about two years ago. Closed at 39 1/4 today; last week somebody put out a buy rating and a price target of 48. (Alas I missed it's most recent charge, but did get in and out earlier this year and did pretty well. But not nearly as well as if I'd actually bought a nice chunk at 2.)

So try DOCU, why not? Their earnings went positive recently, and they've got a very nice contract with CACI. Cheapissimo.

Don't be too turned off by negative earnings if it's a relatively young company, or if it's changed direction or expanded fairly recently (which is the case with PLAT). Nothing plays better than the negative-to-positive earnings story. It's the American Way.

Will check out ORBKF.

Janice
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