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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: BRANDYBGOOD who wrote (62883)9/23/1999 4:37:00 PM
From: Jenna  Read Replies (1) | Respond to of 120523
 
PHCM..what you did with PHCM was very sound trading tactics and I wish I had done it instead of just the 5% gain in HLIT.. but I'm sure you wouldn't put have put PHCM into your 'core holdings' this morning <g>



To: BRANDYBGOOD who wrote (62883)9/23/1999 5:00:00 PM
From: hjz  Read Replies (1) | Respond to of 120523
 
Brandy, PHCM has become a traders stock up and down. Look at the moves from 45 to 114 upward. Then downward 114 to 90. Then upward 90 to 150. Then downward 150 to 108. Then upward 108 to 177. Then downward from 177 to 134. Now upward from 134 to a peak today of 181 and close at 156.

Let's look at the moves:

Move #1 + 71
Move #2 -24
Move #3 +69
Move #4 -43
Move #5 +47
Move #6 ?

So there is PHCM and it's moves and the reason for the moves is that PHCM signed many agreements with Sprint and others in wireless service which started the pull of longs and shorts. But just think if you were an investor in PHCM at 45 when PHCM announced it's first agreement with 3com.

That is why so many traders make money and lose money but investors in new companies with bright futures end up with the profits. Good luck !!

HJ