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Technology Stocks : Golden Genesis (GGGO), formerly PCOM

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To: PuddleGlum who wrote (101)3/12/1997 4:37:00 PM
From: Geoff   of 145
 
I dumped my shares a long time ago when the mistake with P-COM was made and volume shot up. Since there was no news, I figured something was wrong, and got out and decided to take my profits and wait. I have been thinking of reinvesting if the stock drops to more realistic levels. For the near term, I think its P/E is too high, so PCOM must fall back a bit.

I haven't kept on top of this stock because I've been looking at some fun plays, quite a bit bigger than this little fella. But it's always fun to have a nice chunk of a little company with good long-term potential. Basically I want to see if anyone thinks PCOM is a good long-term hold if its price drops about $.50, back to the 2 3/8 range. Or is ACX Technologies, or whatever the Coors holding company is, is the better play for the long term. I'd love to hear some opinions.

geoff
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