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Technology Stocks : PEGA - Pegasystems -- Ignore unavailable to you. Want to Upgrade?


To: Tom Latham who wrote (415)10/30/1998 3:03:00 PM
From: LoLoLoLita  Read Replies (1) | Respond to of 504
 
I'm in at 10 1/2. Agree that chart looks like it's good for a few points by next week. Willing to hold long-term if necessary.

The CBS MarketWatch story clinched it for me:
cbs.marketwatch.com

PEGA has extremely thin float. I think that the Reuters screwup last night (reporting a loss when they had a gain) in their (Reuters') reading of the earnings report was major factor in today's collapse.

Also. Anals (e.g. Cowen) just hate it when a co. makes them look like fools. Revenge of the Anals usually means buying opportunities.

Cheers,

David