PCTH Anyone think this can take off in 1998?!! Message Board

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

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To: John Basten who wrote (199)	8/27/1997 1:55:00 AM
From: Froman	of 1509

Been hanging steady. . .it sure is bullish that the price refused to retreat much below $4. Volume is starting to rise, 2 days last week with over 100k shares traded and almost 200k today. Interest is starting to awaken again as the quarter ends at the end of this month and the prospects of another good earnings report will come out around the 1st of October. I thought for sure we would have seen new price highs last quarter but I was terribly wrong. I enjoyed that T/A of PCTH a few posts back and I suspect (hope) we'll see some kind of run up in anticipation of earnings. No doubt $4 3/8 will be stubborn but if we can get some good, expanding volume, $4 3/8 will be a memory. The longer we stay at this basing level, the more pronounced the breakout will be when (if) it occurs. I even bought some more today because I don't think these levels will last much longer. The large caps are suffering and people are looking for a place to put some money. It's like everything is starting to come together. :) Good Luck to all! Fro

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