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Technology Stocks : Premisys Communication (PRMS)

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To: 91fxrs who wrote (1731)6/23/1999 10:03:00 PM
From: P314159d  Read Replies (1) of 1775
 
Just as I feared, so here we go again.

But do not fret. This is an easy bus ticket to money. Today's market gives you the famous GAP DOWN. Let it drift and buy it, drift and buy it. The volume will be huge. Why ?

Because the MMs have shorted since 10. You buy this gap and its low and sell the fill. Look for 8 to be tough initially, but 9 is a 3 month doable. From a 5 or 6 start that ain't bad. Just look at the Vantive chart for a guide. the huge gap. the huge volume. the totally acceptable return after. The larger the buyers the better, and remember PRMS is an easy takeout in the teens.

I am entering some chintzy buys around the 6 area, in a hope to coax a low around 5 1/2. But I will buy down here easy.

q..man is not very believable with his off hours "I BUY" and ""I SELL".

I have bought and sold and still have too much to be happy, but the news is out the game is easy. And PRMS will see a good move after the fact. It requires a little patience. (AND maybe a CEO dismissal)!
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