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Technology Stocks : Ballantyne Strong Inc (NYSE Amex: BTN)
BTN 2.580+7.1%Jun 12 9:42 AM EST
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To: Julio P. Antelo who wrote (34)1/1/1999 10:37:00 AM
From: toothid  Read Replies (1) of 59
 
I have followed this stock for sometime. Have seen in come from 71/8
to 83/4 on a slow, very slow up tick.(3wks). This is not a internet stock, but I believe it has good value. Heard rumors about a large contract
coming out in early 1999. Also heard that they are interested in buying some business to help with expansion. They have a large backorder problem and need to grow. They also have have been buying back their stock in the last 3 months-- at these lower prices.
Maybe that's how they plan to finance any growth. Anyway I look for a pop on the announcement-- if it happens.

Doc from Omaha
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