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

To: polarisnh who wrote (595)10/27/1998 8:44:00 PM
From: Gordon A. Langston  Read Replies (1) | Respond to of 650
 
I'm assuming you have insider knowledge of their earnings from your post. What have you heard? My feeling is BFT is living off their accounting and the $1.40 (down from $1.47) estimate for 1999 which may have been pullled from a hat.

Gordon



To: polarisnh who wrote (595)10/29/1998 6:00:00 PM
From: Pancho Villa  Read Replies (1) | Respond to of 650
 
Steven, BFT is in a bad business with mediocre margins. The company is poorly managed and highly leveraged. Read the thread. The fact that cowboy momentum investing/trading with no regard to fundamentals has worked does not mean this POS will move up and stay up there. If you are long long enough you will regret it.


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