The New QLogic (ANCR) Message Board

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Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

0.0%

Aug 24 5:00 PM EST

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To: Nancy McKinney who wrote (22806)	6/18/1999 1:10:00 AM
From: Dennis J.	Read Replies (1) of 29386

Nancy, PMTC: In tonight's newsletter from a service I use, it was called a top choice buy. If I were owning it, I would love to hear that. I just looked at the point and figure chart for PMTC, and it is sitting at a triple-top, and right at the bearish resistance line (BRL). A breakout to 15 and above would be bullish, and a break-thru of the BRL would classify it as long-term bullish, with a new bullish support line (BSL). So, in my opinion, hang in there or buy some more. And remember, I could be wrong.

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