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Strategies & Market Trends : Three Amigos Stock Thread

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To: Cary C who wrote (160)	1/24/1998 11:12:00 AM
From: Amigo Mike	Read Replies (1) of 29382

Hi Cary, I've been watching closely the Amigo pick .... PCTH. The chart looks to be confirming a double bottom. The standard stochastics are low and show a crossover to the upside as of Friday's close. RSI, MACD and momentum are turning up. The channel appears clearly defined on this one. I think there will be a move to ~$5.25 fairly quick. Fair value is above $6. Acquisition news is expected early next week that will be accretive to PCTH. The long termers on the PCTH thread are buying shares at this level also ...... including the Amigos. By the way, Boeing just received confirmation of huge order .... I think from Southwest for a pile of 737s. This was previously an option to purchase that now is for real. I believe the concerns about PCTH and Boeing are completely unfounded .... as a matter of fact ... IMO .... Boeing floundering could mean more business to PCTH as Boeing seeks ways to speed up work by farming out. PCTH is lookin' real good right now. Amigo Mike

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