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To: Scott R. who wrote (15270)	7/14/1998 10:12:00 AM
From: DanZ	Respond to of 53068

PETM. Scott, PETM looks good for a buy between 8 and 8 3/8. The lower weekly bollinger band is rising and the stock is coming down to meet it. It might be more prudent to wait to see if it bases on the weekly chart or declines below the lower weekly bollinger band. The risk in waiting is that you would probably have to pay a higher price for it. It really depends on your risk aversion. As you noted, there's good support on the monthly chart between 6 and 6 1/2. Upside resistance is at 10 1/4 on the weekly chart and at about 11 1/2 on the monthly chart. Support is on the daily chart at 8 3/8 (lower daily bollinger band). I'd buy it. Dan