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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 (138)	11/27/2000 3:33:36 PM
From: Christopher Brainard	Read Replies (1) \| Respond to of 170

Hey John, What do you make of today's Bluelight special!! I was planning to start adding again at $5.50. After lunch I saw the stock trading just a little north of $5! Alright ... Talked to my dad to see if he was interested in adding a few share. Placed two buy orders at $5 for him and took the dogs for a walk. To my surprise when we got back the stock had traded as low as $4.50. Needless to say my dad got his shares and I quickly called my guy and added at $4.8125. Wow, below $5 BWSI!!! I have run the numbers for the company and believe Dec-00 results will exceed estimates by being profitable for the quarter. The Mar-01 street numbers look too low also. The street numbers for FY 2002 are a major joke. My estimates (FY 2001) basically factor only Comstruct business ALREADY announced. My guess is that new orders will be announced between now and the end of the year. Once EPS start rolling out near $0.12 per quarter (a $0.50 annualized rate) the stock price will not be anywhere near current levels. BWSI is a CY 2001-2002 investment play. What the price does between now and end of year is meaningless. In fact, the lower the better ... the better the Bluelight special!! Happy investing and LONG Blue Wave! Chris ...