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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Cary C who wrote (1453)3/5/1998 10:04:00 AM
From: Amigo Mike  Read Replies (4) | Respond to of 29382
 
Hi Amigos,

The Amigos are hopping on the PTEN wagon this morning. Order in at 11 1/4 for the day.

PTEN is in oil services ..... huge earnings yesterday. Tech money bound to find its way into some oils. Extremely undervalued !!!

May scalp ... amy hold a few days. We'll see !

Amigo Mike



To: Cary C who wrote (1453)3/5/1998 10:15:00 PM
From: Raymond Hill  Read Replies (1) | Respond to of 29382
 
That volume on PCTH was the amount reported. It may be double-counted, but it is up significantly from the previous volume.

Post 247 on Yahoo has the results of a discussion someone had with the company today. Apparently the conference call was to introduce the company to a group of stockbrokers and big investors. It indicated the company was looking at eight acquisition candidates presently.

Three years out, PCTH predicts earnings of $.80-$1.00 based on expected shares outstanding, and a share price exceeding $20.00.