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Technology Stocks : PCCG - Profitable, small float and goes Internet with IM.

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To: Wayne Rumball who wrote (123)9/15/2000 2:03:12 PM
From: Arrow Hd.  Read Replies (1) of 125
 
Wayne, I have not used it myself. I am not a day trader and rarely truly short term trade. I would say I am a position trader looking for stocks that have fallen and are in the process of recovery. To be honest about PCCG, I bought it at a number of different prices all of which were above today's price, putting together a fairly substantial position based upon their on-line plans but a lot of what they are planning to do took more time than I anticipated and the disk drive sector tanked the past year which hurt their wholesale business. The disk drive sector is in the process of recovering and the on-line consumer business is going well. Their latest press release covers their financial turnaround. I also believe the on-line broker business is going better than expected and there continues to be plans to spin that off to shareholders maybe on something better than a one for one spin. My partner bought more at 1 and change over the past month adding to his portfolios. So we continue to hold.
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