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

To: johnlea who wrote (3477)	5/8/2000 2:11:00 PM
From: Ray Rueb	Read Replies (1) \| Respond to of 3646

I was expecting a spike up I just wasn't expecting it today. I had a limit order in this morning at 8 1/8, since I was expecting a down day on the NASD, I thought this would bounce off 8 one more time. Anyway, I missed the spike up. I'm expecting a short opportunity within the next 2 days, if not later today. I believe this stock is following the same pattern it did 2 years ago after a major dive in price. i.e. flattened at a low price, quick spike up over a major milestone (15 then, maybe 10 today, maybe higher) to create a good platform from which to short, then a fast ride down 30% to provide a base for the real move up. Am I wrong on this? maybe You be careful out there Ray