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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Bob Rudd who wrote (17335)	7/17/2003 9:50:17 AM
From: Bob Rudd	Read Replies (1) \| Respond to of 78519

PLCM: Sold in front of earnings release for overall gain of 53% [adding in modest pickup in the out/in trade]. I've been expecting very good news due to SARS in this release and the market price reflects that expectation. Major competitor Tandberg had a big jump in Asia sales, but showed punk results in North Americaa & Europe and indicated a flat forward outlook. That and recent modest selloff indicate this release may not meet expectations so I decided to stand aside and protect my gains.