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Non-Tech : BMC Industries -- Ignore unavailable to you. Want to Upgrade?


To: steve host who wrote (277)12/31/1997 5:26:00 PM
From: Peter  Read Replies (1) | Respond to of 359
 
Hope your right! They do make tv screens, apertures.....I wonder if Asia indeed may not drag down profits for some time....and what happens between now and the new TV format hits? Does demand go down? I don't think it is a slam dunk...but downside should be limited....



To: steve host who wrote (277)1/12/1998 6:14:00 PM
From: Jim Goodman  Read Replies (1) | Respond to of 359
 
to all: enjoy the posts; thought you'd want to know, I recently added BMC around 16 -ish, as another depressed Tech buy here, with a close stop if breaks 16, by my "PSYCLE sm" concept....it seems to have formed a neat, tight little base here, with some insider buys, as y'all said....FYI, don't be upset, but I also really did have it on my "shorts/puts" list, when it formed the opposite chart pattern, and gave it out, in June....but I do not employ "fundamentals/stories/ emotion" like most all other people do, instead I watch for long-existing, historical, repeating patterns, of chart and human behavior/sentiment, which also is somewhat positive here (most people hate BMC, and many depr. techs, so I like that)....it may still need some chart work (time), but providing it holds 16., BMC should shape up for you nice people, with a close stop just in case....oh, and it's "volume catharsis", since Nov., is also historically a decent thing....shook many if not most, bagholders, out, right at the time they should be looking to accumulate....normal occurance, right ? ....but I wish still a lot more insiders owned more shares....the "Asian" crisis will pass, just as the Mexico, Japan, Silicon, did, right ? but I only buy near lows, when others are fearful...last, initial upside target is near 20. range...but a target is difficult, due to down gap....let's see if it can get above 19+, first....longer-term, an attempt towards previous broken support around 24. is possible, if sets up properly... I will follow-up as necessary, best wishes,