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Technology Stocks : Brock International (NASDAQ: BROC, the forgotten stock) -- Ignore unavailable to you. Want to Upgrade?


To: Roger A. Babb who wrote (823)10/31/1997 4:22:00 PM
From: Jacques Chitte  Respond to of 928
 
Unfortunately I don't anticipate going to Atlanta any time soon, even though my two-month-old niece lives there :-(
Thanks for the estimates. A solid $.50 year should be good for a $10 share price...?
Cheers



To: Roger A. Babb who wrote (823)10/31/1997 11:05:00 PM
From: Paul Schmidt  Read Replies (1) | Respond to of 928
 
Roger, now wait a minute. You said:

Based on growth of the existing product line and services, I estimate 40 cents.

May I ask what growth? Revenue has been experiencing negative growth for 3 years straight, the most recent quarter was the worse yet. It would take a miracle from God to earn 40 cents based on their current products. This is a company that barely eaked out 55,000 in net income last quarter but somehow based on your estimate of 40 cents a share will net over 2 million in income in the next fiscal year?!?

I think you are giving people on this thread a lot of false hope, this is a $1-2 stock at best maybe even less than that. Perhaps this NetGain product will come to the rescue but personally I am not impressed with push technology, in fact even Cnet rated push technology as the #1 high-tech lemon. Check out cnet.com to see what I mean.

BROC could easily join the junkyard of the likes of CNTR, DOCU, and numerous other small software companies just getting by in this world.
Believe me I hope I am wrong about BROC because I have a lot of respect for you but I have seen how companies like these slowly deteriorate down to under a dollar a share.

Like I said on your Short thread there are plenty of better bargain stocks out there. I wouldn't recommend BROC at this level to anybody.

I do wish you luck. I will check back on Nov. 7th to see how the NetGain demonstration went.