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Strategies & Market Trends : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?

To: Tim Luke who wrote (1779)	9/17/1998 12:05:00 AM
From: BomboochaBoy	Respond to of 7247

Not in XCIT or TLAB, but XCIT could be done with the squeeze. TLAB will probably gap up like today. All I gots to say about bailing on TLAB is, WAAAAAAH! Aloha

To: Tim Luke who wrote (1779)	9/17/1998 9:24:00 AM
From: jmt	Read Replies (1) \| Respond to of 7247

Tim: Have not posted here before but saw you in the WSJ. Would like to introduce myself as a finance proffessional with some investment successes and many failures. That being said, I am quite high on a Y2K company called Peritus (PTUS). Did and IPO last year at $16 and ran to $32. Did a horrible acquisition (fortunately with overpriced stock) for $80M and had to write off $65M. Stock tanked as low as 2 1/2 of late. But the company has gotten its act together. Does all Bank of Boston y2k work, and AT&T wants to use all of their resources they are so pleased with the tools. Also beginning to land some strong outsourcing contracts with Compaq (Digital), Data General and others to carry beyond 2000. Just named by Deloite/Touche one of Boston top 50 (revenue growth). Stock ran up to 7 prior to the last quarterly earnings, then sank back. Earnings improved but were not great. Expect the stock to act the same way now, as it has moved from 2 1/2 to 3 3/16 in 2 days. I do believe earnings will begin to show benefit of stategic focus. New CFO announced Monday very sharp gentleman. I am very long this stock for a month as I see little downside. Please feel free to ask questions, I will answer if I can. jmt