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


To: Andre who wrote (7096)11/4/1997 5:44:00 PM
From: Sam Scrutchins  Read Replies (2) | Respond to of 10836
 
>> Also, estimates have been raised:
3rd Quarter estimated raised from 0.02 to 0.04.
Yearly estimate (ending Mar 98) raised from 0.08 to .11.
<<

Andre,

Do you know when the estimates were raised? Perhaps that accounted
for the late market rally in the stock today?? It was quite impressive
at the end, and we could get a good continuation tommorrow, at least early
on. If we do and it is coupled with a good overall market, a strong possibility
given the action today, we could get an excellent day on excellent volume.

Sam



To: Andre who wrote (7096)11/4/1997 5:58:00 PM
From: David R  Respond to of 10836
 
In little more than a week, BORL rating has moved from 2.5 to 1.8 based on two seperate analysts changing their position.

Leo, I don't know if you are lurking, but remember the conversation we had as to the significance of BORL getting downgraded from 2.0 to 2.5 a few months back? Do you have any comments on the two upgrades in the last week? 8.25 was a great opportunity for shorts to cover. Unless we see more wild market gyrations, I doubt BORL shorts will be presented with such an opportunity again anytime soon.