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Technology Stocks : BancTec (BTC: NYSE): the most Undervalued Software Stock
BTC 57,288-1.6%4:32 PM EST

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To: mike zeltser who wrote (3)8/26/1997 8:57:00 PM
From: sam song   of 11
 
I have no idea about what the company may do with that cash.
It seems this company is traditionally managed, not as aggressively
as other companies in terms of aquiring companies.

Based upon the fundamenatals, this company should be
able to reach $50 in 6 month to a year.
I will watch if any growth fund is going to buy its shares. If
this happen, the target should be higher or reach the target
quicker. About one or two weeks ago, there was some block
trade (150K).

I consider this investment is quite conservative. I invested in
quite many smaller growth companies which can be up very
quickly but much danger than BTC. I am impressed with BTC's
mix of revenue source, software, hardware and services.

--Sam
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