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Technology Stocks : Premiere Technologies (PTEK)

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To: Jon Khymn who wrote (1207)1/23/2000 11:34:00 PM
From: Lawrence Burg  Read Replies (1) of 1270
 
Also been tracking this one for a while. Got a little on Thursday. Got a lot on Friday...:o)

Momemtum this time around should carry it past the last high around $8.50. I wonder if it'll toy w/the $9 200DMA as resistance and then use it as support before reaching higher levels.

I was also very encouraged by the steady late rally. Certainly not shorts just closing positions, as it was too sustained. There's definitely some strong fresh interest in this one. I'll be waiting anxiously to see the size of tomorrow's gap...

Good luck to you all.
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