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Technology Stocks : PictureTel (PCTL)
PCTL 0.00010000.0%Aug 4 2:00 PM EST
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To: P314159d who wrote (898)3/5/2000 2:39:00 PM
From: Sampat Saraf  Read Replies (1) of 920
 
P314159d,

PCTL used to be in 40's and then fell to 11-12 three years back. It had based here from 4-11 range for three years.
Now it appears have broken the 52 week high if continues here and crosses about 15 then it will be on the radar screens and will run back to 40's in a year's time frame.
A similar pattern was exhibited by IDTI which based for
three years between 4-11 range and then took off last year and is now 40+. Here is hoping that the scenario plays out
for PCTL. The internet may put new life in to this
videoconferencing stock. Too few "value" technology stocks
who are gorillas in their niche these days!
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