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Non-Tech : PSUN A new breakout at $30+! -- Ignore unavailable to you. Want to Upgrade?


To: E. Graphs who wrote (1441)8/10/1999 12:06:00 AM
From: Duane L. Olson  Read Replies (3) | Respond to of 1622
 
E! With that "miserable" 53% reported earnings increase, PSUN was bound to drop -- think of the disappointment! Yarghh!!!
biz.yahoo.com
Normally, wouldn't you want to load up on a stock with a report like that, especially after it broke through the previous high? With this crazy market, I'm laying low for now. Things tend to be difficult during the summer months, but isn't this a bit overdone? -- and not just with PSUN, either.
Gee, I wasn't aware of THQ, Inc... I'm surprised that the PE is under 15 with both fundamentals and technical position looking awfully good. Between WFR and THQI, I'd have to go for THQI....looks awfully good to me!
When is this correction over?.... sigh....
tso



To: E. Graphs who wrote (1441)8/10/1999 12:44:00 AM
From: Toby Zidle  Read Replies (1) | Respond to of 1622
 
E! PSUN finally broke through $26 nicely today -- but couldn't hold, closing under $25. I still have that nagging feeling that I ought to take profit at $25 on failure to stay above $26. Unfortunately, I was away from it all when that happened today so I do still have my PSUN.

I have no doubt that PSUN should break resistance and move closer to $30. But that's "should" and not "will". Given that we're working in the context of a terrible market environment, do you still advise not to take profits?