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Technology Stocks : Golden Genesis (GGGO), formerly PCOM
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To: Don Devlin who wrote (96)2/17/1997 4:13:00 PM
From: PuddleGlum   of 145
 
The American Assoc. of Individual Investors recently added PCOM to its list of "Shadow" stocks. That doesn't count for much in my book, but it could explain some of the recent action.

I finally caved in and sold some shares at $2.75. Since support appears to be 2 1/2 to 2 3/4, and resistance is at 3 to 3 1/4, it seems that this is as good a place as any to sell. I've tried to unload some more at that price but have so far been unsuccessful.

I wonder what sorts of special charges they can cook up to hurt this Q's earnings? And since the execs' salaries typically ran about 25-35% of net income, just imagine what the Coors boys can do to our earnings if they choose to. I still don't know if they're going to suck the company dry or use it to grow a good business.

Steve
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