PROCOM TECHNOLOGY(PRCM) Message Board

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Technology Stocks : PROCOM TECHNOLOGY(PRCM)

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To: Jack Hartmann who wrote (369)	9/20/2000 4:27:15 PM
From: AJ Berger	Read Replies (1) of 373

Internal good news External bad news Numbers were great on PRCM, once you forgave them for the decrease in sales year over year due to their product transition. Today we may have been the victem of bad timing. Hewlett Packard, PRCM close comrade in the NAS market got hurt today, along with many of the Hardware makers. What was worse is NTAP, which is PRCM's main competitor, eluded to a Linux supporting product to be discused at an upcoming trade show. So the one place where PRCM had bragging rights may soon evaporate. I hope the Analysts following PRCM don't take too long mulling over their quarterly numbers before publishing a positive opinion, because any prolonged silence out of them may leave PRCM to adrift lower. Those looking for a short covering spike today were dissapointed as most shorts were already covered 2 days ago. Today was a day for new Longs, yet not enough were attracted to undo the rumor mongering shorts damage from the past few weeks. sigh

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