Premisys Communication (PRMS) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Premisys Communication (PRMS)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: thomas todd bishop who wrote (1635)	8/25/1998 5:19:00 PM
From: Wayners	Read Replies (1) of 1775

I remember exactly what happened before and I'd like to get even on this stock. Last time PRMS had some orders postponed to the next quarter by either PAIR or LU. Reason then was some regulatory problems in Europe that were slowing down the build-out there. PRMS denied there was anything wrong to people on S.I. that called Investor's relations. Next day they come out with an announcement and have a conference call. Stock was already down from $40 on a really nasty downtrend. Then the news came out at about $14 to $14 and dropped to as low as $6 to $7 at the open but closed and stayed closer to $8 for several weeks. That was the low before reversing and going to $30. My gues is there is some pent-up bad news that has to be released to put in the bottom/ selling climax.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next