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Technology Stocks : Premiere Technologies (PTEK)

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To: ED_L who wrote (430)1/5/1999 9:18:00 PM
From: M. Carver  Read Replies (2) of 1270
 
JM, Ed,

Down to $6 today while the DOW and Nasdaq take off? What am I missing?

Who did the calls come from (what brokerage houses are recommending?). I have a call into the company. I would welcome any fresh data or opinions on the stock.

Other than early profit taking in the new year (those perhaps who traded out from the $3 range of Oct. to the $7 of Jan.), I am at a loss why the stock would be moving down in face of a strong market??????

Doesn't anyone else see PTEK as a value-play with the bad news (the earlier AR write-offs) as a one-time event with high sales-growth prospects for 99. Am I missing something? Let's talk.
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