pamc Message Board - Msg: 11442192

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Non-Tech : pamc

PAMC 45.74

-0.1%

Nov 3 4:00 PM EST

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To: Steven M. Kaplan who wrote (423)	10/4/1999 6:28:00 PM
From: Gary Wisdom	Read Replies (1) of 570

THINGS ARE HORRIBLE (READ ON). In the past 5 days, 391,900 shares have been traded since we broke $16 last Tuesday. That total includes all trades, including those over $16. Out of that total, 32,500 traded at $14 3/4 and below. 325,400 or 83% traded at $15 and above. 60.6% traded between $15 and $15 1/2, all inclusive. In other words, $15 is very, very solid support barring news or general market weakness. In other words, while the stock broke $15 three days in a row, no one is able to buy any under there. I don't know what's causing this except that maybe there's a motivated seller out there (Clemens?). But the tape does tell me that there are buyers every time the stock breaks $15. So, if it breaks $15 again, BUY SOME. <ggg>

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