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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: 2MAR$ who wrote (17451)10/4/1999 1:09:00 PM
From: KevinMark  Respond to of 108040
 
Just moved profits from VIXL into PRSW. Way OVERSOLD!



To: 2MAR$ who wrote (17451)10/4/1999 1:12:00 PM
From: Jim B  Read Replies (1) | Respond to of 108040
 
okay buying PRSW...

30,000 block BUY at 15 13/16 just went through with bid at 15 11/16.. no question it was a buy.. but even without that
block.. i think $2MAR is so right... down $10+ share from $25 to $15 just because a contract was delayed til 4th quarter and couldn't make Q3 (they were hoping this contract would be included in Q3 numbers and because of delay they will be short)... but that means Q4 numbers will make up for it...

once people get over the disappointment it should bounce back over $20 rather easily with the low float..

so let's see what happens... only question is whether those who are disappointed with the news are done selling or not.. end of day will show ... and if last hour closes strong then I would figure bargain hunters will show up tomorrow am to gap the stock back up

jim