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Technology Stocks : PROCOM TECHNOLOGY(PRCM)

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To: Robert Sheldon who wrote (338)11/16/1999 1:00:00 PM
From: AJ Berger  Read Replies (1) of 373
 
It's a flash in the pan

despite recent industry accolades,
Procom still serves a competative
market with mild growth and chance
for good margins. you are seeing
a simple supply/demand situation,
where people buying found no sellers
because potential sellers don't
even know yet that their stock
just doubled. I would expect this
activity to die down quickly and
get us back into the low teens.
I doubt this activity would get
us the kind of short activity
that would help keep us propped
up any longer than another day.
I am not selling simply because
I'd like to see their earnings
report first. Good Luck.
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