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Technology Stocks : PC Connection, Inc. (PCCC)

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To: Kenneth M. Koff, CPCU who wrote (84)12/26/1998 11:28:00 AM
From: LLCoolG  Read Replies (1) of 180
 
I wholehearted disagree. I don't thin it maters one iota what happens in the interview or with the stock price on Monday. Based on the last month, and especially last week, the following is what will determine the price of the stock, and potential returns for both longs and shorts:

If PCCC announces and alliance with Yahoo or another big content provider to open a sales site to be featured, the stock will take off.

If PCCC announces either an acquisition of, or an alliance with, an online auction entity, allowing for a PCCC web-auction site, the stock will take off.

If neither of these things happen, it will slowly, and jaggedly (both ways), drop back to the mid teens, where it was before.

This CNBC talk is probably not a smart thing to be banking on. While CNBC may be responsible for the general awareness, the volume and price movement on Thursday was noticed by everyone. And when they take the fundamentals into consideration compared to other folks like MZON and DLIA, this one should have legs and be hyper-responsive to these rumors/announcements.

If the management of this company is not smart enough to at least announce a deal or alliance with the Web, then the company deserves to die anyway. I have bet we hear something within 3 weeks.

G
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