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Technology Stocks : PHTN--Photon Dynamics, anyone follow this company
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To: Pink Minion who wrote (861)7/2/2000 6:15:59 PM
From: nasdaqian   of 930
 
My understanding of symm triangles is "you just don't know" until they break. 'Course when does one ever know?

I agree with the end of month "painting", but it's actually end of quarter which could mean even a bigger brush. So, this makes me skeptical of Friday's move until I see more. Plus, I thought the market was just plain strange Friday.

I just wonder where the buyers are gonna come from now on this very small float stock. And I think there might be a lot of overhead supply from here. Plus the erstwhile bear market rally we're in. Hope it does, but I doubt its finding new high territory.

As for PHTN following semi-equip movement it shouldn't but it often does.
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