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Technology Stocks : PictureTel (PCTL)
PCTL 0.00010000.0%Aug 4 2:00 PM EST

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To: 4-UR-Eyes-Only who wrote (606)10/31/1997 3:47:00 PM
From: Jim Goodman  Read Replies (2) of 920
 
I agree...back in the 3rd week April, on S.I., I gave PCTL around 9., as a depressed, "PSYCLE sm" basing, buy, and it popped to 14., and rec'd. out then....but, with this week's drop, and it seems to want to hold around 9. again, I just added it as a "watch for pot. long buy again with close stops below Tuesday's low" candidate.... just thought you'd want to know, since many I have bought in patterns like this, have done well.....best wishes to all....will keep in touch as necessary on this one...just technicals, as I use almost no fundamentals...often, a pullback to the base is a decent shot...
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