Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE -- Ignore unavailable to you. Want to Upgrade?

To: James Strauss who wrote (1650)	1/16/1998 5:32:00 PM
From: Sergio H	Read Replies (2) \| Respond to of 2377

<CYPB I agree completely, so I bought it... There is resistance in the 4.00 area... A close above that can take it a looooong way up...> Jim, I was actually suprised to see it close under 2 1/2 by 2 5/8 today. I looked at your other stock purchases. The more you look at BLSC, the better it looks. On the negative side, the CEO sold some shares in July and again in Oct. while one other insider also sold a small amount of shares in Oct. On the positive side is their recent distribution deals, pending favorable legislation in many states and an improving balance sheet. Initially I was turned off by the share buy-back announcement. It's only 100, 000 shares and 75% of these type of announcements are never followed through on. I also was concerned about the Asian exposure mentioned in the 10q, but this represents a very small percentage of the Co's. business. Look for BLSC to be featured in family magazines and to receive more media exposure in the near future. The stock is cheap. FIBR's news announcement this week was major. NET+ ARM is a biggie. Chapman Co. set a 24 month target for the stock of $17/share in July and predicted 40% growth over the next 5 years. The short position was large in Dec. The shorts and the news may give the stock a nice little boost. On the negative side is the ongoing increase in shares. There may be more coming. The company had a meeting scheduled on Jan. 5th to increase the amount of shares authorized. FAXX, I won't say too much about since I do not understand the product. Insiders have been making small purchases from May to Nov. Yahoo indicates that two analysts have hold ratings but I do not believe that any analyst is currently offering coverage. Sergio