PictureTel (PCTL) Message Board

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Technology Stocks : PictureTel (PCTL)

PCTL 0.0001000

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Nov 7 9:30 AM EST

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To: StormRider who wrote (746)	4/22/1998 2:01:00 PM
From: General Crude	Read Replies (1) of 920

Don't know about technicals for this stock but do know that it has been manipulated a lot in the past. Management has not been friendly to small shareholders. Just be careful. Earning due out Thursday. I switched out of PCTL into VSVR today. Don't know if that is smart or not. What worries me about PCTL is that its systems are expensive. A friend of mine who has a retail computer business says that desktop v/c should work once INTC introduces a 1 GHZ chip late this year. WANG LABS ruled expensive word processing market until PC could do the same for a lot less. WANG went from 40 per share to pennies and went Bankrupt. VSVR should do well if desktop V/C becomes a reality. Good Luck. Doug Doug

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