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Technology Stocks : PROCOM TECHNOLOGY(PRCM)

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To: JakeStraw who wrote (206)1/28/1998 2:30:00 PM
From: Ram V  Read Replies (1) of 373
 
Hi fellow Procom-investors,
What is happening to this stock??? Why is falling like this(with near average volume daily)? Is it because of general weakness in Disk Drive stocks? Or is network storage market competition heating up? Will $11 be the next support level?

Can anyone post any insider activity in this stock?

BTW, the yahoo and Individual Investors forum seems to be little more
active than this thread..

Some infos:
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1. I normally look out for Procom Ads in tech mags... Finally found one in the "Info World" Jan 26th issue (page 90). Also found these CDROM server ads - Excel, SMS, Boffin.

2. The short interest has increased 173% during last week (source IBD). 14,746->40,311 (average volume 65,590 (from Yahoo))

Ram
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