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Technology Stocks : p-com (pcms) -- Ignore unavailable to you. Want to Upgrade?

To: coop who wrote (1020)1/28/1999 9:45:00 PM
From: NicholasC  Respond to of 1461
 
Coop,

You must be short. No trades have been made since the release (it was late). Either way, I think the report was fine. Revenues are turning up. Costs are obviously under control. I think that the Street is going to see this as an obvious industry turnaround. Revenues are up 41%, backlog is up. Significant sales are coming in. I don't think that company hyped at all. I'm going long.

I'll bet that the stock moves up tomorrow. Any other thoughts out there? -N



To: coop who wrote (1020)1/28/1999 9:46:00 PM
From: charlie  Read Replies (2) | Respond to of 1461
 
The way I see it the balance sheet is better than last quarter, still shitty. What amaze me is they got 75 million dollar back order. At this point of time I really don't think the street expect much on the profit side or balance sheet side. As long as the revenue is increasing and has the potential to increase I think the stock price will probably go higher from now on, maybe after a selloff tomorrow.

Charlie


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