Working All Day, But Trading Behind the Bosses Back Thread Message Board

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Strategies & Market Trends : Working All Day, But Trading Behind the Bosses Back Thread

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To: Mark[ox5] who wrote (85)	1/24/1999 8:15:00 PM
From: Jimmy Dell	Read Replies (1) of 779

<<tell me (us) about PLCM -- I just looked at the chart...fantastic.>> They make video-conferencing equipment that's won all sorts of awards and their earnings keep beating estimates. They released earnings last Wed. after the close, and the chart action was typical for the co. It gapped a little then sold off on the news on Thurs. and part of Fri. but rebounded on Fri. to close at the high of the day. It looks ready to resume its uptrend now. I bought near the close on Fri. at 26 1/2 when it was showing a lot of strength. That may have been a mistake, because I bet it will be cheaper in the morning. Anyway, in short its a great combination of fundamentals and technically a good entry point, especially if it gaps down in the morning because of general market weakness.

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