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Technology Stocks : PC Connection, Inc. (PCCC) -- Ignore unavailable to you. Want to Upgrade?


To: Craig Rogers who wrote (80)12/25/1998 10:59:00 PM
From: redwood  Read Replies (1) | Respond to of 180
 
i bet it goes down either before but most likely during or after the cnbc interview....for no other reason that this happens alot after cnbc interview ...any comments...redwood



To: Craig Rogers who wrote (80)12/27/1998 10:46:00 AM
From: Mark McLeod  Read Replies (2) | Respond to of 180
 
Craig, good observation. There are two gaps, one at 10 and another at 5. Last Thursday, after two previous attempts the 10 point gap was closed very hard and the 5 point gap created.

This is what the Mad Monk has to say about PCCC:

"Last Thursday's action represents a classic break-out pull back scenario........it has the look and feel of a classic Island Reversal......The days high of 40 attracted tons of premature ejaculators and the close at 22.25 was right at key resistance/support area for the past 10 months......This action was accompanied by huge volume of epic proportions and every technician knows that volume precedes price precedes news/stories.Enough said....IMHO,PCCCis ready to moonwalk......My projected minimum target is $50 within 3 months. Good Luck.....Disclaimer, PCCC is one of my core holding and I have vested interest to make positive comments about this stock.Therefore, please take my trash talk with 2 grains of salt."

Having followed MM both in and out of exile, he is very seldom wrong. I am in PCCC big time alone with IMRS, SEEK, ATHM and ONSL, all on his recommendation and all have done extremely well for me over the past couple of months. He was shouting buy on ONSL at 20.

Caveat, all the above is my view of the world, do your own research and believe no one.

Mark