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Technology Stocks : Pinnacle Systems (PCLE) -- Ignore unavailable to you. Want to Upgrade?


To: Elroy who wrote (18)4/8/1999 7:44:00 PM
From: Edwin S. Fujinaka  Read Replies (1) | Respond to of 45
 
Those 10% down and then up swings are a little hard to take. Over on Yahoo, someone said that the MM's (market makers?) are assholes and do it deliberately. In any case, I think that almost all (96%?) of the stock is held by institutions. I came across a couple of interesting comments:

members.aol.com

smartmoney.com

I just bought in a few days ago based on one product that I bought, STUDIO 400. I read about half a dozen reviews in magazines and they seem to have the market sewed up. Their earnings are on a strong upswing too. Since there are so few shareholders in this Company, don't expect a lot of comment on these boards. Yahoo seems to do better on this one.



To: Elroy who wrote (18)5/8/1999 4:12:00 PM
From: Patrice Gigahurtz  Read Replies (2) | Respond to of 45
 
I got out at $57 5/8th a few days ago. I held TRUV at $1 1/8th and
forgot all about it; never even kept TRUV on my radar screen. Then after a few months I thought I'd tune in to see what TRUV was worth. Well I knew TRUV was bought but I didn't know their new boughtee's stock symbol so after giving it some effort (I'm lazy at home) it came up $57ish and I almost fell off my chair. I sold right away. Of course I didn't have that many shares of PCLE compared to my TRUV holdings but the net +% was nice and so that says something about holding and not looking as if I had looked at their quotes all along I likely would have got out at my original break-even point for my TRUV shares.

Thanks