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To: Still Rolling who wrote (485)3/21/2000 1:40:00 PM
From: Greg Jung  Read Replies (1) | Respond to of 717
 
Pegasystems (PEGA) had a very similar history since
1997 as a high flier (over 20 was high at that time)
that crashed (on premature revenue recognition) and went away for a while, it has come
back (presumably with more conservative accounting, now).
I think the most opportune carnage to pick up on is
in the biotechs. HGSI getting more bad PR with collateral
damage to PEB, DNA. These falling knives may have sliced
through important support levels today but if they end
up + on the day we may have hit a new updraft.