Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : PTC -- Ignore unavailable to you. Want to Upgrade?

To: Bob Howarth who wrote (2362)	7/12/1999 8:21:00 PM
From: Ram Seetharaman	Respond to of 3646

Too early! You are missing a great opportunity. The 12+ million volume was unusual and bodes very well for PMTC. The 100 million orders down the pipeline was viewed as a good harbinger for PMTC. Greenspan has done his best by raising the rates 1/4 point and left the bias as "neutral". Today's 30 year treasury bond rally brought the yield to 5.906. Interest rates will be heading down further - as the Fed exercises preemptive "rate hikes" or leaves the rate alone. There is a good chance that 30 year bond might yield 5.5 by year end. PMTC will sell more as the economy is growing without overheating. We should see a near term $ 20 in a few weeks for PMTC.