AI
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Wednesday, June 08, 2005 12:17:03 AM
*PRCS is simply going to be a fundamental value-buy on the coming dip, once again I suspect broader market weakness will take about 95% of equities down... the key is to get the fundamental-value buys on the drop, and to then sell the bounces on them unless they prove that they can change intermediate-term trend...
PRCS is a value buy because it's trading well below book value & even its cash per share!... and just today on June 7th, the company received a letter from the Nasdaq, basically the company has until December 5th to get the share price back over $1 or it will be delisted, this may be the perfect recipe to further initiate the panic in PRCS, thus it will be a nice buy via "smart" money accumulation...
PRCS is a value buy because it's trading well below book value & even its cash per share!... and just today on June 7th, the company received a letter from the Nasdaq, basically the company has until December 5th to get the share price back over $1 or it will be delisted, this may be the perfect recipe to further initiate the panic in PRCS, thus it will be a nice buy via "smart" money accumulation...
HI-HO SILVER !!!
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