pamc Message Board - Msg: 11276653

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Non-Tech : pamc

PAMC 46.54

+1.8%

Nov 5 4:00 PM EST

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To: Steven M. Kaplan who wrote (401)	9/16/1999 8:13:00 PM
From: Gary Wisdom	of 570

This stock has been down 8 out of the last 9 weeks and is today exactly 1/2 of where it was 9 weeks ago. Yet, during that time, 4 pieces of very good news came out that should have moved the stock higher, but hasn't: 1. Intel investment (announced the day the decline started) 2. Deal with Yahoo (rallied for about an hour) 3. New carriers added (same thing) 4. Private placement completed with floor of $20.34 on the stock. I've never seen anything like this. Everytime it rallies, they knock it back down with less than 10,000 shares. There is some news missing from this picture. I don't know what it is, but I'm sure we'll find out eventually. $18 seems to be an insurmountable hurdle. Does anyone have any idea what's going on?

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