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Biotech / Medical : Physician's Computer Net (PCNI)

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To: Phaedrus who wrote (247)3/20/1998 12:10:00 PM
From: Gianluca Bacchiocchi  Read Replies (1) of 290
 
After yesterday's sell-off and quick bounce back, I think that this stock is showing some resiliance. It was only natural for a stock that has practically doubled in a week to be tested by profit-takers, and those with limit sell orders, which only exacerbates the problem. With PCNI being back over 2 today, I think that if it can sustain two for at least a week, it will have some support there. If not, it may be wise to unload about half at any spike. JMHO.

GB
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