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Technology Stocks : PHTN--Photon Dynamics, anyone follow this company -- Ignore unavailable to you. Want to Upgrade?

To: Steve168 who wrote (882)	8/16/2000 10:50:40 AM
From: nasdaqian	Read Replies (1) \| Respond to of 930

Well, it's an interesting battle going on. Will it test the new low, will it break down into the 30s or are the sellers exhausted. Will it rebound from here and never look back or will it trade range from here to say, the low 60s. Seems to be getting a good bounce today along with the semis. This stock is volatile. A run to the 60s wouldn't surprise me. But I think this stock is broken or at least the chance of a big downward move is at least as great as the opposite. Therefore a drop below 40 wouldn't surprise me either. I'd just as soon take my chances elsewhere while I let my existing shares ride. Working well as a short term trading stock for you, though. Wish I had the balls to bite in the low 40s.