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Technology Stocks : PTC
PTC 172.77-9.0%12:58 PM EST
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To: Box-By-The-Riviera™ who wrote (3432)4/17/2000 2:19:00 PM
From: William B. Kohn  Read Replies (1) of 3646
 
Guess what... I'm still not satisfied. To me the drop between 8 and 7 is still another 12.5% and I expect that many people will find that drop a reality near term. If I was short PMTC, I would close my position near or slightly below that $7 number. I believe that the limited downside at that number is not worth the risk of seeing the stock soar to $9 1/4 in the next few months. I think today was a near term high for this overvalued equity.
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