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Strategies & Market Trends : Multi-Day Momos

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To: Lawrence Burg who wrote (26)3/26/1999 1:22:00 AM
From: Lawrence Burg   of 397
 
Who needs scans...:o)

PQT.
Good signs...
- New career high.
- 13.4 OS/4.3 Float
- 800K short as of 8 March, though I think most must've covered by now.
- Hot sector...financial data provider
- Sector leader. I had their service. It's fast. Their Hyprefeed sports
the most robust data transmission medium available.
- To hear them tell it, 70% of NASDs MM use PCQuote service.
- Various rumours of a buyout or partnership. DTLN may be shopping
themselves around. They're already compatible w/Omega's analysis
software.
- They're on fire independent of DBCC. DBCC @ $13 (off it's run peak of
~$40) carries a market cap of $0.5B ($1.5B on the run)...a similar cap
on PQT would require the price to be about $35...(on a comparable
run...$100...ok now I'm dreaming...)
- The TA is overwhelmingly bullish, with the fastest oscillators running
near peak, but many others have room to run for a day or two if volume
backs up the price advance.
- A great close.

Bad signs
Failed to exceed green volume peaks (which are trending down) the last
few weeks. Needs to exceed 3M.
Help me out here...

Definitely worth a poke. Gotta hope the gappo ain't too big...
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