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Technology Stocks : BroadBand Technology(BBTK) -- Ignore unavailable to you. Want to Upgrade?


To: rita labella who wrote (1647)7/3/1998 12:51:00 PM
From: Bashby  Read Replies (1) | Respond to of 1797
 
Rita:

If BBTK is in an emergency room it is the speculators who built one around the company, not the investors.

The general line of thinking which the company seems to put out, in my words, is that the market for its products hit a wall and the company needed an alternate program in order to stop its bleeding.

BBTK has described that program pretty clearly. And now we have to wait...maybe 6 months or so with no substantive news, and maybe 9 or 12 months for something worthy of being hyped for stock market purposes.

In the interim, don't look for much market action except the usual jigs and jags of random needs to sell and, maybe, odd enthusiasms to buy. If you buy, do so with the understanding that you intend to hold for a year and will pay no attention to the market action until the end of that period. 4 to 4-1/2 seems to be a good price range for accumulation. I wouldn't pay more than 5.

As for the emergency room, don't send flowers. The patient was never admitted.