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Technology Stocks : PCTH Anyone think this can take off in 1998?!!

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To: Eric mulay who wrote (1497)6/30/2000 7:49:55 PM
From: WalleyB  Read Replies (1) of 1509
 
Tuck and all

Well the bad news is the stock was pressed below 2.50 but the good news is the converts have sold all thier shares into the market, per the announcement. Rumors or not the facts tend to speak for themselves at this point.
A long weekend no doubt forced short term longs to close out postions - no doubt till Wed.
Any news in the future should push the stock up with little oposition. Afterall, look what it was trying to do while the converts were selling off.

We may have seen the last of the twos for a long time, at least I and my shares hope so.

Best wishes to you longs here at SI,

WB
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