Prophet 21 (PXXI) - Way Undervalued! Message Board

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Technology Stocks : Prophet 21 (PXXI) - Way Undervalued!

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To: Katz R Us who wrote (135)	9/30/1999 12:54:00 AM
From: Dale Stempson	Read Replies (1) of 165

Geez, All I can say is that there's no good reason for PXXI to have dipped back into the nines. I don't care how one might analyze this stock/company, the value is there. Perhaps we're just experiencing a little more short-term profit taking from those who bought right after earnings were announced. If so, we should be reversing the dip very soon. Some of the recent selling might be the result of one insider who registered to sell 20K shares a few weeks ago. He had registered to sell earlier this year but it appears he never sold back then. A review of the charts indicates the stock moved lower at the time, and I can only speculate that he didn't want to give away the shares. Perhaps he couldn't wait any longer this time. Although 20K shares can move a stock like this, the effect is also short-term. As always, patience is the key. So, although I wasn't able to follow the trading activity today, I'll certainly be watching closely tomorrow. I'll be using my sidelines cash to take advantage of this opportunity. Regards - Dale

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