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

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To: chum slury who wrote (106)7/7/1997 9:04:00 AM
From: Paul A   of 290
 
Gotta rush- early in the morning, late for work.. the usuall!

Their actually quite similiar, although pcni is a bit more expensive with a few more bells and whistles. The only thing pcni is doing now that is hurting them is the acquisition strategy. They realize they need to dominate the sector so this is a necessary strategy. Unfortunatly it hurts now. Im assuming were going to hit our lows in the months to follow but once we get past this quarter im hoping things will be looking up.

I dont know why they recommend selling... The majority of the people who are in pcni have positions above $6-7 a share. Why sell now at a loss when there surely will be runups in the future? A small article in a local newspaper took us from 5 1/2 to 7 in 2 days, so this thing is just itching for positive news.

My guess is they have a short position and like all the otehrs who recommend to buy/sell they are benefitting. (paranoid, ? )
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