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Technology Stocks : PCTH Anyone think this can take off in 1998?!!
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To: Mike McFarland who wrote (257)8/2/1998 2:10:00 PM
From: Mike McFarland   of 1509
 
Chart looks terrible of late, you folks are really
suffering. Problem is, PCTH is a supremely tradable
stock (on a timescale of months to a year). It sure
looks like you can buy this around $4 (I may wait a
bit longer--catching falling knives in this market
lately has been painful for me)...anyway, wait patiently
and sell above $6. As long as you own some and trade
some, why not?

I've been off the thread quite a while, but I see
PCTH is pulling in around two bits earnings, not
bad for a four dollar stock! Has there been much
discussion about how they've financed their
aquisitions, I saw something about debt rating at
B+...is that good? As long as the economy doesn't
tank... When I last followed this they had a back
load of orders...is that still the case?

Pacific Aerospace was one of the first stocks I ever
made any money off. Fortunately, even though I've
been trading like a banchee, I've had good luck over
the last year. Traded options, broke even. Hit a couple
lucky stocks which moved on news, and did well bottom-
fishing. I've amassed pretty decent positions in a couple
of stocks...still waiting on those. Anyway, to make a long
story short, I can now afford a lot more than PCTH that I
used to dabble with...and it looks like the price is right!
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