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

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To: John H. Farro who wrote (193)8/15/1997 11:45:00 PM
From: Raymond Hill   of 1509
 
I had the same thought that you did today. Let's have more of the same everyday. I happened to be watching the stock in a broker's office during the last hour and it definitely looks ready to move up. They say that an overhead resistance level becomes a downside resistance level after it is broken through. I will be happy to see us get through this supp;y at 4 to 4 3/8 and have this be our bottom.

The warrant buyers are definitely more optimistic than the people who continue to sell the common at this price. However, if a person is optimistic that the common is heading for ten and above, the warrants still have the superior potential. You can count me as one who expects this stock to break $10.
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