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Technology Stocks : Peritus Software Services (PTUS) -- Ignore unavailable to you. Want to Upgrade?

To: JSI who wrote (1466)	7/14/1998 11:17:00 AM
From: Charlie Finley	Read Replies (1) \| Respond to of 1960

ALERT: Clinton on CNBC as I write this. Charlie

To: JSI who wrote (1466)	7/14/1998 2:04:00 PM
From: kvogel	Read Replies (1) \| Respond to of 1960

Technical Resistance: Level to penetrate is 6 3/8. This was the high on the last major down day of 3-30 when the stock traded 4,480,000 shs . It was also reached again on 4-9 when PTUS traded 628,000 shs. Later the stock reached 7 during a 15 minute run when the "bad" earnings report came out on 4-23 but it dropped right back to 6 after corrections were made so I don't count the 7 as resistance. 6 3/8 is my level and then we're clear to 7 3/4 - 8. The stock is getting short term overbought so there might be some pullbacks before we go higher. Also, I expect that MM's are doing some shorting. Momentum and sentiment are becoming positive and if earnings confirm that the company has turned around we could see quite a run IMHO. Karl