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Technology Stocks : PCTH Anyone think this can take off in 1998?!!

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To: Froman who wrote (154)7/12/1997 4:51:00 PM
From: Raymond Hill   of 1509
 
Thanks for the mention of APCO. I will keep my eye on them. Since PCTH is going to rise soon, I need to have other stocks in mind for trading opportunities.

The chart on ACRT does look like the one I have in mind for PCTH. Going from $4 to $17 is definitely something that I can live with. It is possible that earnings could be better than .30 next year.

The big unknown now is what will the earnings be in the year ending 5/31/99. If analysts could at some point forsee a rise of another 50% or more above the current year, then the market would begin placing a higher PE on the stock and going above 10 would be easily attainable.

However, if a person tries to trade this too often, they may risk being left behind and losing out on a large gain. I agree that the biggest risk is not owning enough of this stock.
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