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Technology Stocks : PTC
PTC 174.58-8.0%3:01 PM EST
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To: Edwarda who wrote (3405)4/14/2000 5:16:00 PM
From: William B. Kohn   of 3646
 
Given the magnitude of the overall market decline, you can expect major downward pressure Monday given the high number of margin calls which people will need to cover.

I would think that for those with a strong stomach, purchasing this equity next week after the earning picture is put out, could prove to be buying at a low point.

Rebounding from 8 to 12 may be in the cards, but those who've been spouting about quick returns over 20 are dreaming, especially given the overall bearish sentiment currently in the market. Companies who dissapoint will be punished.
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