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Technology Stocks : PHTN--Photon Dynamics, anyone follow this company

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To: nasdaqian who wrote (888)9/6/2000 9:38:56 PM
From: Steve168  Read Replies (1) of 930
 
theloof, I picked my trading position back in the last 3 days, at 47, 44 and 39 15/16 today because my GTC buy order at 40 1/2 was already in before market open.

I have seen ML upgrade a stock and the stock drop badly before, so this is not a big surprise. I believe the fundamental of PHTN, the fact that it is in a not crowed market, I call it a niche market. We will continue to enjoy the nice growth. One thing will trigger my selling is if AMAT or other big players enter the competition with PHTN. Still holding my core holding at $3.

There were 3M shares changed hands in the past 3 days while the float is 8.5M. I am happy to see that because the more shares changed hands, the higher the upper potential. For people buying around $40, it is easier to hold when the stock hit $90 than people bought at less than $10. I believe we are building the base here for the next rally.

I love this market! You can make so much money if you have the right methodology plus technology insight. I made 250% last year and 40% year to date. It is simply rewarding.
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