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Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?


To: SJS who wrote (11675)1/26/2000 11:09:00 AM
From: The Ox  Read Replies (1) | Respond to of 14427
 
Nuc,
PCMS, a decent buy in the single digits but IMO a bit pricey here. The recent sale of stock was at a significant discount to the current price, as it used the 60 day average price and gave a 15% discount on top of that. They needed the cash, so it's understandable to give that kind of a discount but I don't want to pay almost double what someone else just paid for the stock! I haven't dug into the company in a while but it's probably not a bad long term holding. The stock is definately a good trader as it loves to run up in high volume spurts then drift down on low volume until the next run. I agree with the recent analyst target of about 20, I don't see much more appreciation then that at this time. The stock has come a long way lately.
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