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Technology Stocks : PEGA - Pegasystems
PEGA 63.01-1.0%Nov 3 3:59 PM EST

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To: Biotech who wrote (408)10/24/1998 2:53:00 PM
From: Jon Paulsen  Read Replies (1) of 504
 
I made a mistake and bought PEGA at 20 on the advise from a friend with out doing much research myself. Then I made another mistake and caught a falling knife by buying PEGA again at 17. Now I am trying to do the research to see if it is going to come back. The recent gains have been encouraging but having the stock double in value in just the last 10 days without any major news is confusing. I know they were a finalist in the Microsoft Industry Solutions awards and it took a nice jump from that, but what else is going on here. Did people finally realize that this is a value stock at even $12 per share?

Looking for insight,
Jon
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