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Strategies & Market Trends : BFT: Will the tulip craze ever break down? -- Ignore unavailable to you. Want to Upgrade?


To: Jeff Jordan who wrote (577)10/7/1998 10:34:00 PM
From: ralph keating  Respond to of 650
 
be careful jeff alot of others have thought just as
you are now almost 80% were losers

rk

ps. instead of bailing on stocks why go short?



To: Jeff Jordan who wrote (577)10/12/1998 1:18:00 AM
From: Pancho Villa  Read Replies (1) | Respond to of 650
 
BFT is not undervalued. IMO, this puppy isn't even worth 5 bucks. That is my 12 month price target. Last Fall (1997) when I started talking about BFT at Roger's I gave my $5 two year target which I maintain. I wouldn't be surprised if their high leverage combined with their rotten margins/business prospects push them even lower than $5 (how about $0?)