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

To: TChai who wrote (9957)	4/20/1998 2:50:00 PM
From: shane forbes	Respond to of 10836

TChai: 2 days ago, on the 18th [post 9943], I wrote this: The naysayers keep saying bad things don't they? I'm more amused than anything else. I've bought this as a turnaround play and such stocks take time to really get going. Overall I am quite happy with my returns thus far. Since I consider business to be improving at BORL I expect the stock price to go higher. I was quite surprised by how well the stock price held up pre-earnings. We still have a few more days, but we have not had the 25+% decreases pre-earnings that we have got accustomed to! The pre-earnings lows have got progressively higher. The street is gradually "learning" to not expect bad things aren't they! ---- Any comments? Though today's strong tech market definitely has something to do with this move, tomorrow's earnings release date may also have some part to do with it as well. I did begin to discern this change in street sentiment several weeks ago in BORL. That's why I posted the above to see what people have to say. As usual got nothing. Today's move is good and I think highlights the change in attitude from a loser stock to a stock on its way to recovery. I hope that this underlying change in sentiment underpinned by improving business fundamental is what is triggering today's move and though I expect several (and I do mean SEVERAL) hiccups in the stock price on the way to bigger and better stock prices today is a nice start! This is the first time in a long long while that the stock has gone up pre-earnings. See they should change the name - it is a different company, it is a different stock!!! Again the market fundamentals and its current high level may prove to be a temporary snag but I think BORL has taken its first step towards a really long term surge (actually I hope!). BORL is far and away my largest position (well over 20%) and this is good (at least for today! Honesty I don't mind waiting for some more...) ---- Shane.