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Technology Stocks : Peregrine Systems Inc. (NASDAQ:PRGN)
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To: Lizzie Tudor who wrote (472)5/10/2002 2:53:12 PM
From: Lizzie Tudor  Read Replies (1) of 492
 
14:42 ET PRGN Peregrine rebounds: some cite IT group's report (1.25 +0.39)
Traders looking for reasons for the bounce in PRGN today; only thing we are hearing is that an IT consultancy called Meta Group put out a report yesterday in which it told PRGN customers that the company would probably overcome its financial issues in short time and is an attractive acquisition candidate. It is not clear that this is the reason for the stock's rebound today, but it's all we could find.
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