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   Technology StocksBancTec (BTC: NYSE): the most Undervalued Software Stock


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To: mike zeltser who wrote (9)3/23/1998 10:59:00 AM
From: Naveen Kumar
   of 11
 
Is today's news just a seasonal pattern for this Company or are there some dark clouds on the horizon ? Any Y2K issues ? Comments please.

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To: Naveen Kumar who wrote (10)3/23/1998 8:32:00 PM
From: mike zeltser
   of 11
 
Y2K spending by banks is diverting some funds for cap ex. on Banctec products. However, this is not a huge shortfall. Stock is very cheap at this price. Co. is buying back shares. Growth to continue in 2nd half of the year.

EPS estimates still around $2.00 for 1998.

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