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Technology Stocks : PictureTel (PCTL)
PCTL 0.00010000.0%Nov 7 9:30 AM EST

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To: StormRider who wrote (746)4/27/1998 3:59:00 PM
From: Jim Goodman  Read Replies (1) of 920
 
sorry, but as I intimated in my 4/17 post, I sold all PCTL at $ 9+ Friday, at its S.T. resistance....sure, after a pullback, maybe I will watch it, but, I was also seeing many other "bouncing techs" run into S.T. resistance, and have been sharing many Puts, on many extended stocks, so took the profit in PCTL (paid $ 5.93 on mgn.) and ran.... best wishes, I agree, PCTL is a decent company, but I have no attachments, and i do very few fundamentals, as you know, so, take care, and keep in touch, but I did sell into the expected rally...
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