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Technology Stocks : PictureTel (PCTL)
PCTL 0.00010000.0%Aug 4 2:00 PM EST
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To: Thean who wrote ()4/28/1997 2:22:00 PM
From: Leonard LoFrisco   of 920
 
Just heard about Picturetel's joint venture with Microsoft. Sounds like a winner to me. Like most of us, I bought PCTL at a much higher price ($26)and am holding those shares. The mistake I made was not in selling too late, it was buying too early. Now is the time. I haven't seen such value in a stock in a long time. It may take awhile to start it's run but it's going to happen. Remember AMD about a year ago? They were in the same position as PCTL. The stock dropped from the mid-30's to 9. Today it's 40. Picturetel's position and expertise in the telecommunications world is too promising to ignore.
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