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Technology Stocks : Phoenix Technologies (PTEC)

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To: Marc Phelan who wrote (2848)10/23/1998 4:41:00 PM
From: Theo Karantsalis  Read Replies (1) of 3624
 
Marc wrote: "If this goes back above the $7.00 mark we will see the rest of the shorts covering. I am looking for an $8.00 short term target."

Marc, that would be super, but have you ever wondered why the stock goes up when it should go down, and vice-versa? Maybe someone got excited by the conference call- it wasn't me- and bid up the price. Or maybe today we saw the shorts cover. Let's just hope it continues.

It seems to be going the right way again. (When I loaded up at 9 7/32, I thought that that was the buy of the century). ;)

I plan on starting to unload in the $7.00 range.

Let's see what happens.

Theo

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