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Technology Stocks : Pinnacle Systems (PCLE)

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To: Elroy who wrote (18)4/8/1999 7:44:00 PM
From: Edwin S. Fujinaka  Read Replies (1) of 45
 
Those 10% down and then up swings are a little hard to take. Over on Yahoo, someone said that the MM's (market makers?) are assholes and do it deliberately. In any case, I think that almost all (96%?) of the stock is held by institutions. I came across a couple of interesting comments:

members.aol.com

smartmoney.com

I just bought in a few days ago based on one product that I bought, STUDIO 400. I read about half a dozen reviews in magazines and they seem to have the market sewed up. Their earnings are on a strong upswing too. Since there are so few shareholders in this Company, don't expect a lot of comment on these boards. Yahoo seems to do better on this one.
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