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Technology Stocks : Boca research - Reawakening?

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To: Sparky65 who wrote (189)1/28/1997 11:32:00 AM
From: Brian Pastor   of 640
 
I would wait a week or so and look at SHIVA (shva). Its been beaten down to the 18-21.5 range from its volcanic range of 36-65 of last year. One reason it claimed for lower earning was that IBM delayed an order until the current Q so the current Q's earnings might be greater than expected. One analyst on Friday lowered earnings expectations for 97 and that is why I would watch it for a week to see if it hits the 16 - 17 range. In any event, its one of the few "pure plays" in the network switching area and in all likelihood, will be bought before the end of the year at a very nice premium.
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