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Technology Stocks : PCCG - Profitable, small float and goes Internet with IM.

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To: Arrow Hd. who wrote (84)12/21/1999 7:58:00 PM
From: clue  Read Replies (1) of 125
 
Unfortunately I think the volume and corresponding price action was due to daytraders. I'm sure you have seen this from dayinvestors.com alerts.

www.dayinvestor.com/alerts/index.html

PCCG has negotiated deals to sell software from LINUX sector leaders Redhat and CORL.(I like that). Also, a deal with lycos is in the works,plus they have several other on-line business concerns, including an Internet-based broadcasting system and an on-line trading division. 2.8 mil sh outstanding w/ 1.1 mil float.

I got caught in this pump and dump around 6 and instantly find myself in a big whole. I have been down this road to often. However, this stock will have its day, it will see 6 again and then some. I am not sure why this company has not taken off in 1995 they had rev. of 40 mil/eps -.06, 1996 rev. 40.6 mil/eps +.26, 1997 rev. grew to 63 mil/eps +.09 1998 rev grew again to 79.7 mil/eps +.08 and year to date 1999 rev. is 57.4 mil/eps +.21. Also not sure what drove this stock to its 52 week high of 9 in late December early Jan. Anyone with info I would appreciate it.

Based on previous years reporting dates I believe they report 4th quarter results in early January. Does anyone have a feel/estimation for rev/eps. I looks like a cup and handle is forming. TIA.

Russ
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