p-com (pcms) Message Board

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Technology Stocks : p-com (pcms)

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To: PAR who wrote (622)	5/30/1998 10:47:00 AM
From: Magnatizer	Read Replies (2) of 1461

PAR I have a Paine Webber account and it seems like they may have a big gun needing to run. Right when it went on their recommended list a big seller started hitting it in the middle to lower 20s. Then when it dropped to the mid/low teens it went to their "Focus" list and everytime it went up 2-3 points there was a big seller or two. My broker was pumping it to me just 2 months back and I was already in. The selling is evident in the TA of the stock. Up days on low volume, down days on high volume for the last 6-7 months. Its it too bad that a company like PCMS is not doing better. FWIW I do like the FA but buy and hold is not my strategy unless the TA tells me it is good to hold. ht david

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