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Biotech / Medical : Physician's Computer Net (PCNI)

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To: Bruce Supranowicz who wrote (100)6/23/1997 8:23:00 PM
From: Paul A   of 290
 
I think we hit bottom folks...

Err I hope that is... Looks like 5 1/2 is the sticking point. I took a walk over to PCNI during my lunch break today but there was nobody available to offer me comment. Not unusual considering that I just showed up in their office (two buildings are combined so I didnt even use the main entrance :) )

There are 2 strong buys and 1 hold on this baby. Individual Investor changed their rating to Sell but this is actually a good thing considering their wrong about 95% of the time.

I bought a bit more just about 5 1/2 and thats about it with Pcni for now. I think we may sink to the low 5s at worst case but once we get past the next quarter or 2 this will recover. Its a great company, and the chairman runs a tight ship. Once it goes, its gonna go fast- its just a matter of what month/year/decade it goes!
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