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Technology Stocks : PCCG - Profitable, small float and goes Internet with IM. -- Ignore unavailable to you. Want to Upgrade?


To: WISDOM MILES who wrote (23)3/16/1999 6:35:00 PM
From: Arrow Hd.  Read Replies (1) | Respond to of 125
 
A little more volume today but still slow. Sellers have vanished for
the most part. Any kind of interest and with the non-existent float
there is nowhere to go but up. Kind of the same pattern we started to
see with SKYM back in November when it got above 3 and change and
would not come back. You had to pay up for even measly amounts
whereas in October I could pick up 3 to 5 thousand shares a day. In
November I could not rattle the market maker into anything in volume
at all and even small amounts bid up the stock. More and more folks
are coming over to take a sniff and put it on their monitor. Maybe
grab a few shares and keep their eyes focused for a move. But if a
visibility catalyst hits PCCG the race will be fought in exponential
terms. The volatility factor here is potentially more dramatic
then any of the other E@Commerce firms in the PC sector and all of
them have already had significant moves in the past year. So we will
wait and see.