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Technology Stocks : PRI Automation up 30%

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To: Mike Harkness who wrote (123)1/1/1997 2:37:00 PM
From: space cadet   of 193
 
I agree with Rick. I'm just starting to learn about this stock and I have no position. I really regret having no position because the chart looks extremely toppy. I wouldn't be surprised to see PRIA at 35 any day now. If I get a chance I may try for puts, but I don't know if PRIA has one last rally left in it. What's the earnings expectation on this sucker, and when's it due? The one drawback on this thing is while the TA says PRIA is ready for a collapse, I checked some of the fundamentals and they look extremely strong. Reasonable P/E, strong growth, solid looking balance sheets and company. I usually prefer to play stocks where both TA and FA agree. It will be interesting to see which one wins out here but if I were betting I would say short term its down.
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