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Technology Stocks : Boston Communications Group

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To: Crash who wrote ()2/18/1997 9:46:00 PM
From: Crash   of 136
 
This stock came out with their recent earnings report with record revenue and an announcement of new business with Western Wireless. I figure it's bottomed out and step in at 5.75 only to see it drop to 4.5 the very next day. Oh well, glad there's not much downside left. I have heard that the drop in price last quarter was due to higher capital costs associated with the prepaid wireless product. This company is kickin butt in the market but they haven't announced some of their big wins yet. I think it's because they are awaiting for approval from the major customers who want to trial the service extensively even though they have signed contracts with the company. I still think this stock is an excellent bargain at the current price levels. It IPO'd at 16 and eventually rose to 18 before dropping to it's current pricing. Does anyone follow this industry here?

Crash
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