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Technology Stocks : PERI (Periphonics) -- Ignore unavailable to you. Want to Upgrade?

To: Mel Spivak who wrote (1296)7/17/1998 3:48:00 PM
From: jopawa  Respond to of 1682
 
Mel,

It was sitting at it's lows when a money manager on CNBC said the sell off was overdone. I'm not sure if that is smart money or not.

John



To: Mel Spivak who wrote (1296)7/17/1998 8:11:00 PM
From: Ken Ridge  Read Replies (2) | Respond to of 1682
 
Call me one of the opportunists who were willing to jump in on PERI. Early negative reaction seemed overblown, especially if increased expense for R&D is discounted.

Judging by heavy volume late in the day, there's strong support out there in the 8 - 8 1/2 range.


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