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Technology Stocks : Peregrine Systems Inc. (NASDAQ:PRGN) -- Ignore unavailable to you. Want to Upgrade?


To: Lizzie Tudor who wrote (472)5/10/2002 2:53:12 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 492
 
14:42 ET PRGN Peregrine rebounds: some cite IT group's report (1.25 +0.39)
Traders looking for reasons for the bounce in PRGN today; only thing we are hearing is that an IT consultancy called Meta Group put out a report yesterday in which it told PRGN customers that the company would probably overcome its financial issues in short time and is an attractive acquisition candidate. It is not clear that this is the reason for the stock's rebound today, but it's all we could find.



To: Lizzie Tudor who wrote (472)5/23/2002 3:14:00 PM
From: E.J. Neitz Jr  Read Replies (2) | Respond to of 492
 
I have recently been accumulating Peregrine. Good installed customer base, decent balance sheet and real products. Throw in a stock price that trades lower than many expiring options, and I think the risk/reward prospects are compelling.....as long as one is a buyer at these lower levels. For holders from much higher levels, my sympathy...it may be a long long time before it reaches past highs...if ever. Entry price in any stock (basis) makes all the difference in the world in how one feels about a stock.