PLASMA THERM (PTIS) Message Board

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Technology Stocks : PLASMA THERM (PTIS)

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To: JessiDani who wrote (242)	12/10/1997 10:55:00 PM
From: John McCarthy	Read Replies (1) of 509

Jessi Hi - I am long a little under 5,000 shares at about 4.00. In one sense I don't care where the price goes because I will come in and buy more. In another sense, I also don't understand the price erosion on the kind of volume that you mention. I do not know/understand TA. And don't want to learn. My question to you is, is it inevitable that there will be a selling climax - before there is a run up. Is this some TA type of REQUIREMENT. If so - fine - I'll wait. My experience following this stock over the last couple of years tells me that its absolute drop dead number is 4.00. I say this because in the past this stock seems like it gets fixated at 4 - 4 1/4 - irrespective of volume. Lastly, the thing I am most worried about is SEAGATE - not Asia. They hold a big chunck of next years revenue i.e. 30%. I am assuming the wireless piece of their market is SAFE. On the upside, nobody REALLY knows how much MEM $$$ will be coming in the door in 1998 - not even PTIS. Regards, John McCarthy

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