p-com (pcms) Message Board

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Technology Stocks : p-com (pcms)

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To: Magnatizer who wrote (637)	6/11/1998 11:01:00 AM
From: Tan Nguyen	Read Replies (1) of 1461

9% exposure to Asia should be fairly standard for many big American firms. If Asia is such a concern, the DJIA should be around 6000. In this downturn, PCMS' trading has been very perculiar - sell/buy ratio has been extremely high - info from my brokerage. Can't cut/paste. My guess... someone (implies a "big" player) must be dumping PCMS or it is being manipulated big time. Or "someone" knows some really bad thing is about to happen to PCMS. If there were no real bad news, going under 10 is unlikely. But, except for that "someone," who would have guessed the activities of the past 9-10 days? At 10, a P/S of 1.74 is fairly attractive for such a fast growing company. Hang in there folks. Tan David, pls keep us posted with your TA. Thx.

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