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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: j g cordes who wrote (20434)	4/8/1999 3:21:00 PM
From: Johnny Canuck	Respond to of 67850

Hi Jim, I don't follow BMCS, but a quick look indicates that it is slightly undervalued based on long term growth projections. My valuations tend to be on the conservative side. Given the beaten down nature of the sector, I would have to say that you show make your decision based on your opinion of management. Good management is required to acquire and retain IT employees as there is a shortage of trained people. That is what will constrains a company's ability to grow right now If you want to play it save I would wait for the earnings release and CC call for CATP and KEA next week on April 15. CATP is considered a bellweather for the contract program side as t he pioneered the fixed price contract. I am looking at CPWR myself right now. From the current level I think that 24 is possible as a near term target based on fundamental valuations and the chart. It does not look like a lot of institutions buying right now: Enter symbol thomsoninvest.net Commentary thomsoninvest.net Harry

To: j g cordes who wrote (20434)	4/8/1999 7:42:00 PM
From: dppl	Read Replies (1) \| Respond to of 67850

Jim, I bot BMCS ca. 31 yesterday and sold today ca. 35... Usually I expect 2-3 day pops on this, so target might be 37-38 tomorrow or Monday, then consolidation and test for second bull phase. Thomas