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


To: Pancho Villa who wrote (582)10/13/1998 9:32:00 PM
From: polarisnh  Read Replies (2) | Respond to of 650
 
No, Gentlemen, I am not Mr. Hillman himself. I am not an accountant either. I have done my due diligence on BFT and it appears that they have turned the corner to the positive in respect to earnings. I haven't reviewed the 10Q yet but I will now. I know that there has been a tremendous amount of short selling of this stock and I feel that once this quarters earnings are released that there will be an sudden upsurge in share price as people try to cover. People have tried to lump BFT in with Cendant and other stocks that had accounting irregularities and I don't see the fit.

I guess we will see when the earnings are released.

Good Luck,

Steve