SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : PRI Automation up 30%
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: larry rubin who wrote (72)10/3/1996 12:24:00 PM
From: MRO0054   of 193
 
PRI was technically overbought. I think traders have just been taking profits recently because there were profits to take. (I know I was tempted too!) This little dip doesn't surprise or bother me too much. (Though I do hope we can be spared the roller coaster swings in share price which were common earlier in the year.)

PRI has backed analyst's earnings estimates of $.50 a share for the previous quarter, so the upcoming earnings report shouldn't be too much of a concern. Of course there may be worries about softening orders, etc., but aside from its ties to the semiconductor industry, I think the main hindrance to PRIA is its small capitalization (and the accompanying small float). Large cap stocks are just in favor now.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News