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


To: Bob Howarth who wrote (3079)1/4/2000 7:07:00 PM
From: Ram Seetharaman  Respond to of 3646
 
Sure things are crazy! During the Fall of 1998, it was the "Asian Flu" - there was some justification for the sell off and the Fed actually cut rates to spur the economy and the market! In January of 1999, there was a short one day sell off due to the spook of Brazil going down! Now - this is preposterous since, everything except the future interest rates is looking good. Low inflation, good growth, decent profits - but the pigs are dumping, and they will come back and but it all over again.

I was impressed how PMTC stayed over $ 20 for good chunk of the day! It will be at $ 25 by summer, and if windchill adds a few surprises, it may even go to $ 30.



To: Bob Howarth who wrote (3079)1/4/2000 7:22:00 PM
From: Ram Seetharaman  Read Replies (1) | Respond to of 3646
 
In the midst of all the crazy trading today - Warburg Dillon Reed downgraded PMTC from a "strong buy" to "buy" - so none of the brokers are bearish on PMTC. Walske, better shape up or ship out!



To: Bob Howarth who wrote (3079)1/5/2000 4:47:00 AM
From: JDN  Respond to of 3646
 
Dear Bob: Doesnt anyone watch Bloomberg News? CNBC is a joke, I have preached this everywhere but in case I missed here, CNBC is an ENTERTAINMENT channel NOT A business channel. They go out and find every tom dick and harry to take opposing views mainly for titillating sake NOT FOR LEARNING. I guarantee you I could easily find someone to swear the Moon is made of Blue Cheese and CNBC would in fact put that guy on the air if they thought it would help ratings. The only reason I watch CNBC is to see the guests from companies and a FEW decent analysts. Just because some snot nosed kid shows up and claims to manage money doesnt mean he knows diddly about the market. Most here on SI are smarter and more experienced then their average analyst. JDN