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 : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (4642)	8/11/1998 12:20:00 AM
From: Shane M	Respond to of 78666

I have also been looking at BTJ, and almost bought on Monday, but held off because I am working on some extreme microcap screens based on O'Shaugnessy's book "What Works on Wall Street". The company you mentioned, Schlumberger, is listed as a major customer of Bolt, so apparently the product is good. I wonder, however, how many of the "guns" Bolt can sell before demand is sated. Some first hand information from users of the product would be very helpful on this type of co. Concerns are noted, but I also see a company with revenue and earnings going through the roof. Revs up 70%, earnings up over 100%, and price momentum is good. Trailing PE of around 9. Forward PE should be significantly lower if revenue trend continues. (And here's the kicker <G> they also have a "division" making motorcycle parts.) Shane

To: Paul Senior who wrote (4642)	8/11/1998 1:16:00 PM
From: S. Thomas	Respond to of 78666

Paul Senior: On BTJ Appreciate the comments. I did note the deficiency with regard to "value" as book value and assets, but subsequently saw info. regarding patents etc. The current low PE also is aided by tax loss carry forwards. I was (and am) impressed by the revenue and earnings growth but cautious because of some of the facts you stated as well as insider activity (almost all sales). On FI, I could not find the rationale for holding on with the reorg. Petrofinal will acquire 100% of the subsidiary paying 90% of the current market price in cash, and 5 year warrants to purchase 90% as many shares of Petrofina at well above recent market prices. And the proposal was approved by shareholders! Thanks, S.T.