p-com (pcms) Message Board

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Technology Stocks : p-com (pcms)

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To: Elmer Flugum who wrote (1188)	12/11/1999 6:48:00 PM
From: Kerry Lee	of 1461

Len , since I just bought PCMS on Friday, I would be happy with taking profits at 15, but I would assume longer term holders would like to see a buy-out in the 20-30 range where it traded several years ago I believe. I remember a Pain Webber friend brought PCMS to my attention 2 years ago, but I passed ( good thing!). Now it seems like the turnaround is underway and the market is booming for this sector so I'm in! I have had some recent good results speculating on beaten down tech stocks with good business models/technology in hot sectors with competitors with much higher valuations just when they are about to be "discovered/rediscovered" by Wall St. Recently, I've executed this strategy on ANCR, CMTO and OMKT. As far as PCMS, I admit I only done superficial research on them so I have no problem dumping my small position if I find a better place to invest. Feel free to enlighten me on the pros/cons of owning PCMS today.

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