Boca research - Reawakening? Message Board

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Technology Stocks : Boca research - Reawakening?

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To: vicki flanigan who wrote (240)	2/26/1997 10:39:00 AM
From: Matt Kaarlela	of 640

Well Vicki, I hope you are wrong. I just sold some other stock to free up cash to buy into this one. Chin, thanks for the 6-6.25 book value info. Boca is definately worth more than book value and a P/E of less than 10 for this industry (modems) is just not there. I checked USRob., diamond, zoom etc. and they all have P/E above 20. I agree that a qtrly report under analysts estimates could drive price down but I also believe there are a ton of folks who watch stocks that are falling and when they hit their 52 week low, they buy large blocks. That is what I am gambling on happening. The 52 week low is 7 3/8 so I placed a limit order for 7 1/2. Even if it drops to book value, I am not down that much. When the 56k modems start shipping in quantity I think the price will creep back up to 9-10 at which time I will cash out and move to the next depressed stock. I have been doing this for a couple years now and it has worked pretty well. "Only invest what you can afford to lose"

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