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Non-Tech : PETM - Petsmart -- Ignore unavailable to you. Want to Upgrade?

To: Bruce L who wrote (1487)	8/25/2000 10:55:33 AM
From: Ken W	Respond to of 1508

Bruce: First Call said .06 That is what they reported, but with the write down of 15mm for .com etc. etc. etc. Frankly alot of that stuff I don't understand and could care less. Most people are the same way IMO. I'm sure you know more about it than I. However, using overbought oversold indicators and people skills has made me a good deal of money on this stock. Ken

To: Bruce L who wrote (1487)	8/27/2000 11:18:26 PM
From: Ken W	Read Replies (1) \| Respond to of 1508

Bruce, You and I seem to be the only two willing to discuss PETM on SI, so thought I'd add a bit of TA for your edification. Note that the stock has held 4 very nicely and made a higher low on Fri. as well as a higher high than the day of earnings release. On the the long term chart we broke over the 50dMA on nearly a million shares which I take as a good sign. The stock may have to retest 4 one more time in order to confirm the support at that price. I think it will. Also notice that the stock looks on track to have the 50dMA cross over the 200dMA to the upside. I've learned that this is a very positive move TA wise. The present overhead lies at 6...a break through that price on decent volume will take the stock to 8. Ken