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Technology Stocks : PictureTel (PCTL) -- Ignore unavailable to you. Want to Upgrade?


To: Jim Goodman who wrote (726)4/9/1998 3:42:00 PM
From: StormRider  Read Replies (1) | Respond to of 920
 
Thanks for your input. I hope to see some activity soon.

It's a shame to see such a quality company in the toilet like this. The stock is trading at book value (according to Marketguide), and I don't see much downside risk. At the same time, I hope it doesn't stay in this low-volume, "dead money" mode much longer.

Ahmed



To: Jim Goodman who wrote (726)4/17/1998 3:57:00 PM
From: Jim Goodman  Read Replies (2) | Respond to of 920
 
just an update, obviously y'all see the constructive action today....
am still long some, as per my posts 678 and 702, but looks like PCTL wants to challenge the 8 -ish area ? gee, if it can breakout over there, would be great, technically, but am having patience, since it still has resistance in the 8 1/2 to 9. area....anyone know any compelling S.T. "reason" why it might do so, this time ? as you know, I do not do fundamentals....we need to see a few more days of higher volume to confirm....best wishes, just keeping in touch,