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Technology Stocks : Premisys Communication (PRMS) -- Ignore unavailable to you. Want to Upgrade?

To: John Morelli who wrote (1641)9/1/1998 6:32:00 PM
From: Sam Nizam  Respond to of 1775
 
I agree. Its just hard to average down in this environment. The small caps will have their day, it's just a matter of when.



To: John Morelli who wrote (1641)9/1/1998 7:12:00 PM
From: joshi  Read Replies (1) | Respond to of 1775
 
Trow, well, we know how he feels with the huge purchace of stock he just made. The buyback is great! Up to 15% and even if they take 5%, at least It might stop the bleeding. Maybe we even go up a bit.



To: John Morelli who wrote (1641)9/2/1998 5:44:00 PM
From: The ChrisMeister  Read Replies (1) | Respond to of 1775
 
>> PRMS is "...way over sold."

I think totally nuked might be a better description.

I just did a quick TA on the stock and can say it went oversold when it broke $18 a few weeks ago. Since then, it's barely showed any signs of life. You longs must really be feeling the pain. This thing's back to where it was at the beginning of last year.

ChrisMeister (no position - just had this one called to my attention)


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