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Technology Stocks : Boston Technology - BSN

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To: Noose who wrote (8)3/11/1997 2:48:00 PM
From: Bill McCullen   of 138
 
ALL:

I would like to see if we could get this thread going. Does anyone have any insight into the sharp decline in BSN stock? It has gone straight down from 34 to 21 without pause and without any bad news that I have seen. The company reported stellar revenue and earnings growth (they beat street estimates of .17/shr by .02) recently but it has just been hammered. I have seen no downgrades or downward revisions either. Earnings projections are for .89 this year and over 1.20 next. Fundamentally, things look good as they have made inroads with the RBOCS and IXCs.

Any comments are appreciated.

Bill
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