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Non-Tech : PACC
PACC 0.00Nov 17 4:00 PM EST

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To: wolfdog2 who wrote (358)8/1/1997 7:10:00 PM
From: David Alan Cook   of 510
 
Wolfdog,
You may be right. Although when PACC broke support at $16, I thought it would drop. Given the huge gain we had in this stock, I thought it was time to take profits. I am not great at picking tops and bottoms . . just trying to hold through the majority of the upward swing.
PACC is still a great company with sound fundamentals. It was a hard decision. Will still watch the stock closely. I would expect a move back to test its prior $16 support level. ( When you are on margin, those swings can hurt the bottom line )

DC
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