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Technology Stocks : Systemsoft Inc. (SYSF)

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To: Eric who wrote (83)7/18/1996 4:48:00 PM
From: George Kirlin   of 3529
 
Eric/Jim As a short term trader i sold out today at 22 so I got all but the last 50 bucks per 100. We quickly made it back to the shoulder, or is the armpit? The momentum sez we trade higher inthe open, and then sell off Three days up and we need those big traders to get out. Then we retrace to 16-18 lev, IMHO. But, the fundies may be too far out to support the PE, so Jim could still be right longer term. I think we traend higher into the close of earnings on August 22, but i can't tell you they will be steller though. A stock not for the feint of heart. I have some serious concerns when PTEC keeps announcing deals also. They do a poor PR job though so the market cap is smaller. SYSF is a hyped darling to some managers, IMHO. In a flight to quality SYSF would suffer. Your call, the tea leaves are very merky.
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