NT Accounting Software (GPSI, PSQL, SOTA, TMBS) Message Board

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Technology Stocks : NT Accounting Software (GPSI, PSQL, SOTA, TMBS)

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To: Jalali who wrote (19)	8/18/1997 7:53:00 PM
From: JOHN CHEN	of 149

Jalali-then don't buy it and watch it go even higher. Yes, p/e is high but technical indicator says the stock will go higher. I bought in at $24.50 just a few days ago and now is $26.625-the stock is defying the general downtrend. Between $24.50 to the current price only about less than 100,000 shares in this range. $24.50 was the lowest ASK price ever this year. Everyone else who's holding the stock are at much higher prices. Unless those investors are willing to sell at a loss, the stock is not going down. What comes down to is the SELLING PRESSURE which is none now. I don't see any pressure till $30 or higher.

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