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Technology Stocks : PRTG (PRT Group) -- Ignore unavailable to you. Want to Upgrade?


To: purecntry5 who wrote (65)3/7/1998 10:04:00 AM
From: John Ritter  Read Replies (1) | Respond to of 128
 
PRTG's competitor (see Yahoo News) went up 1 3/4 Friday in response to PRTG's crash. However, the fundamental screen showed a 6$ share loss for this other stock. Seems that PRTG's $3M one time hit could be a blip in the 154% growth last year. If a news release were to hit the streets stating that the go forward date we are ok. My guess is that the stock tanked to cover the possibility that PRTG's major customers were having second thoughts on moving forward. If this were to be true the stock would go down further. Anyone who bought Friday did so on the coin toss that the contracts will be honored shortly, perhaps next quarter. I would consider this to be a less than 50/50 toss that all contracts will move forward shortly. However, if they did move forward we will be nicely rewarded, it's a gamble, not doubt about it, we will know more Monday, and Tuesday. Captain James T. Kurk is nowhere to be found, he probably sold at 10 3/16 and is gone forever from this thread, I was tempted, but 1/4 is not much?!