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

To: Bob Sage who wrote (7097)	11/4/1997 5:51:00 PM
From: Sam Scrutchins	Respond to of 10836

Bob, Just today, I was penciling in a channel from the August high and the late-August low thru the current activity. It also looks like a channel to me, especially if one discounts the 11 1/2 and 8 spikes (at least consider them only in terms of closing prices). That gives the top channel line for tomorrow at about 11 1/4. I would love to break thru it, but agree that if we don't, the stock will probably settle back, possibly to as low as about the 9 1/2 to 10 range. If options were expiring a week from Friday, I'd bet on that, but since we have still another week this month with the November 21st expiration, I think there's a good chance that players may try to push the stock up to the 12 1/2 range. We shall see. Sam