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Strategies & Market Trends : Picks you can sleep on. -- Ignore unavailable to you. Want to Upgrade?

To: margin_man who wrote (657)	5/15/1999 11:09:00 AM
From: MIKFREE	Respond to of 2241

Maybe things will pick up after the meeting. I am really stuck in this one for now, just have to wait it out. Have a good weekend Mike

To: margin_man who wrote (657)	5/15/1999 2:11:00 PM
From: MIKFREE	Read Replies (2) \| Respond to of 2241

I see da light! Well, actually i just see charts. LOL! But i see something in those charts, with the stochiastic indicator, of course. Look at them now, in relation to the price, and compare them with October 8, 1998. Also check out this explanation reading oversold stocks: One interpretation (and the one Dr. Lane believes to be most important) is to look for a divergence between %D and the price. An overbought market occurs when %D makes a series of lower highs while the price makes a series of higher highs. An oversold market occurs when the price makes a series of lower lows while %D makes a series of higher lows. It looks like D is higher with relation to price, while price is moving down, JUST LIKE IN OCTOBER. And look what the end of October brought. Shoot man, we could see 17 by the end of the month. Whatever it does, i am convinced it will go above 16 in the near future. I don't know when though, but looking at past performance, it could go at anytime. And when it does, it will be worth the wait. There have been some deals this quarter which will bring earnings up. Check this out: Parametric Technology Corp. develops, markets and supports a comprehensive suite of integrated product development and information management software. For the 3 months ended 1/2/99, revenues fell 3% to $250.1M. Net income fell 29% to $30M. Revenues reflect lower license revenues due to the implementation of the sales force reorganization. Earnings suffered from the inclusion of $13.8M in acquisition and non-recurring charges. Check out what's in store for this quarter. BW 05/07 09:31 Parametric Technology Corporation To Integrate Intercim Post-Processor With Its Pro/ENGINEER 2000i NC Programmi BW 05/06 15:44 WABCO Selects DesignQA Software from Prescient Technologies BW 05/04 09:02 Parametric Technology Receives $2.8 Million Order For Windchill Software And Services From Hutchinson Technolog And theres more where that came from, as far back as Feb, from what i see. Some of these contracts are pretty long term too. I have seen a lot in the headlines about the Pro/ENGINEER software: marketwatch.newsalert.com For more detailed info, go to marketguide.com There have been reports out the wazoo like this as well as aquisition reports. This tells me that PMTC is busy and growing like crazy. Apparently they changed their products last year, which caused a sharp drop in prices, but it looks like the transition will be paying off, hopefully as early as this quarter. Check this out: Parametric Technology shares are poised to drop on Thursday after the company warned sales will lag analysts' expectations. The company (PMTC) also warned it's "cautious" about this year and next. Sales at Parametric, which makes software to automate the design of machinery, were hurt by a product transition. Note they did warn about earnings, so this is an indication of the company's honesty to investors. When i spoke on the phone to IR, it was not a neutral kind of response, as i saw someone mention before on the Yahoo thread, saying someone spoke to IR just before the big drop in July, and got a response that there was no apparent problems. This guy was saying that investors would likely be HAPPY with earnings this quarter, but longer term investors would be even HAPPIER. I can see why now, and so would anyone else, if they see what i can see in the works here. It looks like at this point, this is a good short term hold, and an even better long term hold. All these deals are going thru for the company, since back in February, but the company has had to deal with the costs of aquisitions and product transition. It looks like this company is going to turn over more money that people realize. This quarter could very well be the one where the figures start to show the results of their hard work. I can be patient with this one.