Boca research - Reawakening? Message Board

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Technology Stocks : Boca research - Reawakening?

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To: vicki flanigan who wrote (228)	2/24/1997 10:01:00 PM
From: Sparky65	of 640

Vicki, I currently hold a fair amount of BOCI at $9.25 and quite frankly am a little disappointed that it has slowly been working its way down to a low today of $7.75. Especially after they had already come out in the middle of January and said that they expected to come in around 3 cents a share for the last quarter. So if the information was already out, why does this stock continue to drop? Should we be buying more at this price. I have heard that earnings will be out towards the end of the first week in March. Originally, they had said the earnings would be out beginning to middle of Feb. I wonder why it is taking so long. Could there be a problem? Another thing I am curious about is their debt. Why do they have 63M of debt. I know they bought Creatix for 4M, where did the rest come from. Do they still have a fair amount of cash in the bank? Based on what I read about the Creatix deal it sounds like it was a good move. Why? Because it gives them more presence in the European markets, more expertise in the network communications area and diversifies their company a little more. Additionally, it looks like they negoiated a pretty good deal as far as the payback goes on the loan. Back to the current stock price. The only reason why I can think that the stock price keeps sliding is because it is just out of favor with investors right now. Everybody already has been warned about where they thought earnings were going to come in, so I can't imagine that the stock is moving in anticipation of the earnings. Particularly with the light trading. Lastly, I hope I am wrong, but I don't believe we are going to see much movement upward in this stock until the new modems are introduced. Which is why I believe the stock has been pretty quiet in the first place. I am very interested in hearing what you hear from BOCI. Thanks in advance for letting us know what you hear.

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