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Technology Stocks : BORL: Time to BUY! -- Ignore unavailable to you. Want to Upgrade?


To: Charles R. Hays who wrote (6666)10/21/1997 7:38:00 PM
From: MENSO  Read Replies (1) | Respond to of 10836
 
>> as we (Borlander longs) should have tomorrow. <<

Only time (and the market) will tell, but I do wish you the best of luck. I mean it.

As for all the bullishness surrounding BORL, IMO nothing the bulls can post justifies even current levels, let alone $15, $18, or $21 !...

If we do see $15 during the next few days it will be strictly the result of momentum trading; and those fueling the rally this week with their belated purchases will be the same who will quickly drive it back down as soon as the momentum is gone.

As for a short squeeze, it won't happen in my opinion. But of course that is easy for me to say considering that BORL does not currently figure in my portfolio.

Take care, Charles.