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Technology Stocks : Prophet 21 (PXXI) - Way Undervalued! -- Ignore unavailable to you. Want to Upgrade?


To: caly who wrote (82)8/18/1999 4:57:00 PM
From: Dale Stempson  Respond to of 165
 
It looks like there were a couple of sells at the end of the day that dropped the bid. That's OK. Only a few days ago we were trading in the sevens. I suspect short-term players are simply taking profits. It's an understandable play given the percentage move. Nothing wrong with locking in 20% to 25% in less than a week.

Now it's time to be patient. I believe everything is in place for PXXI to begin drifting higher. While a press release or two confirming continued success with Wholesale software sales would be nice to see, and an analyst upgrade would certainly help, I'll be content to sit back and watch. I believe we've turned the corner in decisive fashion and downside risk appears very minimal at this point.

Congrats to the good folks at P21 for a great quarter.

Regards - Dale



To: caly who wrote (82)8/18/1999 8:45:00 PM
From: Dale Stempson  Read Replies (2) | Respond to of 165
 
Dow Jones press after the close today:

Supply-Chain Software Maker Prophet 21 Posts Strong Earnings

dowjones.wsj.com

Regards - Dale