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Technology Stocks : PictureTel (PCTL)
PCTL 0.00010000.0%Aug 4 2:00 PM EST

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To: hcm1943 who wrote (426)4/6/1997 9:49:00 PM
From: Chris Hall   of 920
 
I started watching PCTL at the 13-16 dollar area and couldn't understand why -- every time it would start to climb back up Merril Lynch would sell it back down day after day-- the answer they knew inside info. and I didn't-- This is first time I actually wanted to sue a company-- even though I never will sue anyone unless my dentist takes out my liver-- It is obvious PCTL told MLCO the real story will screwing their shareholders-- Oh well-- Anyways I still think PCTL will see 20 by July as their earnings will still be decent and one good announcement will lift it back to 15 then given time 20-- To say PCTL will hit 3 is totally ridiculous-- It is still very profitable w/ a book around 8 with little debt-- the low will be 9 1/8 set last week-- I have never talked to ruder IR department in my life and I have talked w/ a lot -- They need to fire the stupid bitches in IR.. They have the personalities of a couple of rats,, Best Regards, Chris
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