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Strategies & Market Trends : Joe Stocks Trader Talk

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To: Frederick Langford who wrote (45)2/3/2002 10:07:54 PM
From: Joe Stocks  Read Replies (2) of 787
 
Fred- PMCS- I was just getting ready to go to bed and you hit my hot button. I agree completely with you on PMCS and have a short position. Not only are losses big but revs have been cut more than half. Why this one isn't sharing a car seat at $10 with AMCC is beyond me. I shorted PMCS big time when they had that run back in August when they were added to SP500, was it?. Crazy run-up anyway. Been stubborn last few weeks but think it will be a teenager soon.

Joe
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