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Technology Stocks : PSIX up 26.5%, Takeover(?)
PSIX 59.46-2.7%Dec 5 9:30 AM EST

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To: bob zagorin who wrote (2241)3/26/1998 10:35:00 PM
From: Ed Frye  Read Replies (1) of 5650
 
Hi bob - w/o looking at a chart - if my memory serves me correctly - the resting points for this stock a couple years back were 12, 15 and 18 before a brief foray into the uper 20s in the first wave of internet fever. The latter was so short-lived it probably doesn't matter. Anyone still around that bought in the teens back then would be crazy to sell at a breakeven just when things are getting interesting - my FWIW is that resistance will be mild from here on up and volume will carry us as far as we are going to go - which - IMO - should be quite far.....ed
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