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Technology Stocks : Premiere Technologies (PTEK)

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To: Richard Singer who wrote (339)5/12/1998 3:31:00 PM
From: Ally  Read Replies (1) of 1270
 
Hi Richard:

Feeling quite confident now of my buy yesterday at $26 3/8. The more I research the stock, the more I think the analyst is on the right track when commenting that the stock is a "gift" from Wall Street at this price. Management is aggressively growing the company, service is in sync with today's modern communication age, and the financials are ok. The stock was cruising horizontally around $30 until the earnings report and for reasons you've mentioned, some institutions started unloading the stock. Once in a while an opportunity like this comes along to buy an aggressively growing company at a really reasonable price :-)

p.s. sent you a private post re: e-mail
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