PLASMA THERM (PTIS) Message Board

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Technology Stocks : PLASMA THERM (PTIS)

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To: Nittany Lion who wrote (208)	11/18/1997 5:44:00 AM
From: JM	Read Replies (1) of 509

PTIS hit low of 8 during thursday and friday's sessions. Closed as low as 8 3/16. May not be a bad time to increase position. Stock is well below both 30d and 50d MA, but still above 200d MA of 6.94. IMO PTIS could go a bit lower if general market trends lower again during next couple of sessions. I still like the fundamentals, the backlog and the japan sale which will allow me to hold the stock through this pullback. OFF TOPIC: This team blew a great opportunity to be No. 1 by coming out as flat for a big game as any JoePa team ever. Michigan is not as good as they looked against PSU. My feeling is that Ohio State will redeem themselves for the past two losses to Michigan by upsetting them at the big house this week. If PSU bears down and wins the next two, it still turns out to be a pretty good season with what is becoming the usual mediocrity at QB. Curtis Enis has become a premiere back (100yds vs Michigan, and 186 last week).

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