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Technology Stocks : Purchasepro.com Inc. (PPRO)

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To: Susan Saline who wrote (200)10/19/1999 9:12:00 PM
From: AGORA  Read Replies (1) of 748
 
Susan, we're with you at 28 3/4. As soon as we realized Greenspan had nothing meaningful to say, the buy order went out. Have to admit, did not see the late afternoon run coming but we're not surprised.

About two weeks ago, we made the same bottom call on BBSW at 15.50, within two days we were over 22.00 and flew right into mid-30's.

Not going to make any PPRO calls yet but back to the 38-39 range is plausible. Today's MSFT earnings surprise and steady CPI could open the floodgates in the morning. AOL will also be reporting tomorrow (at the close but we could be wrong). We are expecting AOL to follow YHOO and MSFT success.

If so, return to high 40's could be a quick one.

Glad to see we are now in this together.

Regards,
AGORA
agoracom.com
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