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Strategies & Market Trends : STEAMROLLER'S DAYTRADES

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To: J. Ramsey who wrote (1344)10/29/1998 10:39:00 AM
From: J. Ramsey  Read Replies (1) of 1561
 
PRXL, in at 22, looking for shorts to cover...
around noon time, 1.16 million short, good earnings out today, missed the number by about 2 cents however, company looking for continued growth of 25% to 30% next year, solid co. I feel this is an over reaction to the earnings, with no additional news to come shorts will cover soon, old 200 day low was 25, looking for a return to this level.

Good luck, Jim R.
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