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Technology Stocks : Platinum Technology -- Ignore unavailable to you. Want to Upgrade?


To: Jimbo Cobb who wrote (3480)4/8/1998 12:26:00 AM
From: MajorAlpha  Read Replies (1) | Respond to of 4148
 
PLAT has been a rough ride lately...however new products are on the way
as noted on previous posts and Y2k business is strong. IMHO this pullback is mainly due to
momentum investors dumping the stock and some technical traders panicking
Earnings are right around the corner and all indications are that they will be good.
Also once LBMSY, MASC, AND LGWX are mergers are completed the company will have
superior product line with strong resources and more cash. The chart doesn't look good over the past few weeks but short-term its still intact. It interesting that earnings are
coming out one day before options expiration. Now if I can figure out the optimal day and strike price to buy!!
IMHO cooler heads will prevail..this stock has great long-term potential. GOOD LUCK!!