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Technology Stocks : PRI Automation up 30%

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To: MRO0054 who wrote (114)12/12/1996 2:59:00 PM
From: rick wells   of 193
 
I agree with your statement about greed, and have gotten out of both PRIA and BRKS. While I know that ML helped drive BRKS way up, i think its odd (fun? amusing?) that PRIA went up so fast and far less than two weeks after several analysts revised their expectations downward. And, if as was speculated, it was Intel that sold their large block (any further news there?), I think you are right that we'll get back down to a range where buying is much more attractive. Given the stocks' price histories, I'm betting those that bought PRIA at 50 and Brks at 20 will be surprised how quickly those shares can lose substantial value.
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