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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (7293)	5/20/1999 9:06:00 PM
From: findstock	Read Replies (1) of 57584

Randy, I came up with close to the same thing around 25.50 per share there is little doubt we are way undervalued here, there were some negative mechanics that happened in the last several hours, there were options that expired today, there is a large short on this stock that is not going to be relinquished without a fight....there was a fair amount of insider selling as you can imagine from some stock bought around the 2 to five dollar range....and lastly the market collapsed under a fair amount of profit taking, I think with the exposure PTEK has recieved that if people will wait more than 10 minutes this stock should reach its valuation in the next several days, it was at the price we determined already without this new merger and asset base....I plan to hold for a while, it will be a wild ride but I believe the mid 20's is a given, just when

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