Boca research - Reawakening? Message Board

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Technology Stocks : Boca research - Reawakening?

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To: Sparky65 who wrote (293)	3/14/1997 10:20:00 PM
From: Frank Badini	of 640

Sparky. The only reason why BOCI would trade below $7 would be if they announced they will lose money, and it looked like they couldn't return to profitablity ever. While this is possible, I think it is unlikely. Also, there could be panic selling if the entire stock market, or tech sector corrects. I currently own a small to medium position in BOCI because I am reserving some buying power in case BOCI does drop below $7 for no good reason. Overall, I have found that it is much better to buy value stocks when they are down because the upside is so great. Last summer, I bought LRCX at 24 (now it is in the mid 30s) after it sold off from the 50s!! I also bought SIII at 10 (now it is around 16) after it sold off from 20!! I also bought IOM at 15 last summer (before it rallied back to 25) after it had declined from 55!! The bottom line is that when the selling gets very overdone, and the stock price represents value, it is time to nibble! Good Luck

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