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Technology Stocks : BLUE WAVE SYSTEMS-BWSI A comer in telecom -- Ignore unavailable to you. Want to Upgrade?


To: John F Beule who wrote (110)8/15/2000 2:44:21 PM
From: Christopher Brainard  Read Replies (1) | Respond to of 170
 
John,

The company might earn $0.30 in FY 2001, the stock is not worth $18. Conservative valuations might have trouble justifying the current price (20x estimated earnings).

With that being said, if your time frame is 12-24 months the time to buy might soon be at hand. Comments regarding Q1 and Q2 have hurt the stock. Wall Street doesn't like flat revenues no matter what the explanation. So somewhere here between $5 and $7 will be the time to start buying. The future looks really good and the payoff could be very nice. The fundamentals are now running the stock price and as such I expect no big move up until later this year.

Investing is about placing money for the future. Money placed in Blue Wave should be a good investment.

Chris ...