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Technology Stocks : Pomeroy Computer Resources -- Ignore unavailable to you. Want to Upgrade?

To: Christopher Brainard who wrote (139)2/12/1998 11:45:00 AM
From: mark bailey  Respond to of 181
 
Chris-I was glad to see some good news coming out from the PR dept. They are going to need to really publish a good story to get the market interested again.

I also thought about the volume PMRY had yesterday and I think it will be good news in hindsight. Most chart watchers look for a "blow off" (at least I think that is the right term) at the end of a selloff. I think we just had that. Big volume not much net price movement. I would expect the stock is oversold at this point and that will attract some people near term and provide a base for a move up.

Big unknown is the content of the conference call. No word form IR and I haven't had time to call back. Maybe early next week.



To: Christopher Brainard who wrote (139)2/12/1998 5:36:00 PM
From: mark bailey  Read Replies (1) | Respond to of 181
 
Wow! Again, nearly 800,000 shares traded and ended up for the day. I think I saw where PMRY's float is 8.5 million so in 2 days 20% of the shares has traded hands. I would think this looks good but we need a solid trend and more good news.


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