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Non-Tech : Bombay (BBA): Time for a run up? -- Ignore unavailable to you. Want to Upgrade?


To: David R. Schaller who wrote (107)4/9/1998 5:05:00 PM
From: LTK007  Read Replies (1) | Respond to of 202
 
Well I equalled my original position,with a buy today.I feel that
this stock does deserve more respect.The 6% gain is a very good sign.
Good Luck to all holding.max90



To: David R. Schaller who wrote (107)4/10/1998 2:53:00 PM
From: needawin  Read Replies (1) | Respond to of 202
 
David, I'll take the 6% sales increase and along with the anticipated margin improvements, I'm convinced we will eventually see $7-$8 per share by summer. What appears to be happening here is short term selling into the rally. Note the selling hasn't stopped the stock's progress-market makers love to buy extra inventory before taking the stock higher. I anticipate the current move will take us to $5.5 to $5.75 per share. We have a lot to look forward to with little downside risk. I base the forgoing solely on my many years of stock trading. Good luck to all of us !