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Technology Stocks : PictureTel (PCTL) -- Ignore unavailable to you. Want to Upgrade?


To: TATRADER who wrote (880)1/22/2000 8:44:00 PM
From: MrBuzz  Read Replies (2) | Respond to of 920
 
From a short term technical analysis standpoint, reverse head and shoulders, but I'm not in this one with a T/A scope in mind.

What I see here is value, with a company that has global presence and brand recognition in an upcoming technology area that will reap the rewards of fast, prevalent bandwidth.

Putting my T/A hat aside and my investing hat on, I see way more upside on a longer time frame (mid to high $20's end of year. As always, with reassessment).

I'm not holding out for $8 looking at the trees, but rather zooming out to look at the forest. There's too much good here to ignore.

Analysis of PictureTel is available on my site in the Stockwatch section.

As always, good investing,

MrBuzz
www.whats-the-buzz.com