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Technology Stocks : PTC
PTC 171.52-1.2%Jan 9 9:30 AM EST

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To: Bob Howarth who wrote (2565)9/28/1999 9:18:00 PM
From: Ram Seetharaman  Read Replies (1) of 3646
 
The low or no inflation scenario was spooking the oil sector today. There is a strong chance that Fed won't hike rates this year. GLM, IO, GOU - they are all very attractive again. I am buying on any further dips in the sector. 2000 will be a great year for oil service sector. IO at $ 7 is a steal. There is a very high chance that someone will buy "IO" soon for at least $ 12+. There is your quick 70 % return. PMTC's resilience today impressed me. Market sold off too much, IMHO! Good times are ahead, hang in Folks!
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