PEGA - Pegasystems Message Board

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Technology Stocks : PEGA - Pegasystems

PEGA 57.94

-2.6%

3:59 PM EST

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To: Ross who wrote (25)	4/8/1997 6:30:00 AM
From: Ron Kory	of 504

Hi Ross......I have to admit that FITB got the better of me.....the banks kept going and going....I was in and out several times and I am sure I was a net loser on the trade. However, I am glad someone killed them! Regarding PEGA....This is a stock that corrected more than 50% from its highs. I think the selling was exacerbated by the end of the lock-up period. I would not buy it here--it just rallied 50% from its lows. I would be curious to see your count. I was short ESIX the day it was taken over and made good money! I was short because others in the group were selling off sharply and because of your count to 28. I was stunned there was no premium. Hope all is well and apologies to PEGA people for discussing matters unrelated to PEGA. Ron

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