Parts taken from two different
filings,
One filing says:
In the November 25, 1997
filing, Mr. and Mrs. Daniels stated that they "would
support a sale of the Company at an appropriate premium
over the current market prices for its shares as being
in the stockholders' best interests," and that they
expected to speak to others about the possible sale of the
Company. Mr. Daniels also stated that he intended "to
nominate a candidate for election to the Company's Board
of Directors at the next annual meeting who supports
Mr. Daniels' position regarding sale of the Company
at a premium price."
Another filing
says:
Mr. Daniels intends to nominate Mr. Stanzler and to
vote his shares in favor of Mr. Stanzler's election at
the 1998 Annual Meeting of Shareholders ("Meeting").
Upon Mr. Stanzler's election to the Issuer's Board,
Mr. Daniels and Mr. Stanzler intend to investigate
alternatives to enhance shareholder value, including the
possible sale of the Issuer at a premium to the current
market price. Until such investigation is completed, the
Reporting Persons cannot determine whether a sale at an
appropriate price would be attainable.
Mr. Daniels
has, from time to time, expressed to the other
directors his dissatisfaction with the performance of the
Company's chief executive officer, and he intends to
continue to evaluate such performance and recommend to the
board such changes as he deems appropriate.
Some turkey from S&P is recomending the stock. I guess what you you and I know doesnt account for anything since the stock is up today. Ill hold for a few days and see where we go.
I'll buy today and sell tomorrow while you ponder
what the institutions will do. These guys are good for
nothing low life selling scum who have no faith in
anything. The only reason they are holding this stock is
because they know its a good one and they don't have the
balls to double up on a winning bet, so screw them for
selling in the first place. They can all get out now for
all I care.
Listen here, Chumley:
The low volume is
indicative of the money manager's willingness to "go out on
a limb" with PSDI. Institutional ownership was well
above 70% before the last quarter's earnings were
released. These guys are scared, and, rightfully so...of a
company that has inconsistent earnings. Incidentally, the
stock just hit 20 1/4. I'll reaffirm that this stock is
going to 19 before we'll see 26...I just hope she holds
at that support level.
This is what Tiger Tornado looks for when he trades. A good company with a little unreasonable doubt. Maybe Jeramiah Jump would buy this stock. But why is the volume so low Mr. Whoopee?
You sound like a rat, Facrat. What do you know about Project Software anyway? Our company is a great place to work and we have great potential for growth. You sound like a disgruntled analyst to me
I wouldn't be surprised to see the stock decline
to 20 or below by the end of the week. The 200 day
moving average don't mean sh*t when the volume is this
low. Since earnings aren't due out until the middle of
July, this stock could easily drift down-as I stated
earlier. Let's consider 2nd quarter earnings report for a
second. Service margins, which accounted for the highest
percentage of revenues, declined 4% over the December
quarter. DSO's are too high at 83 days and, with the
shakeup in management, I'd be skeptical on the short
term. Don't get me wrong...I like the company and think
it's a good long-term hold. However, this market is
playing "survival of the fittest" and PSDI is still under
the "fallen from the good graces of Wall Street"
spell
Tenessee Tuxedo will not fail.. 20-21 will be
support when I buy the stock..a rising bottom. Selling at
the 200 day moving average is not unusual.. Hold out
and get 35 from Honeywell.. Thanks for the info Mr.
Whooppee..
Tennessee Tuxedo will not fail--support at 20-21
would be a rising bottom..Sales at the 200 day moving
average are not uncommon..however, if you want to hold
out for ever you can probably get 35 for your shares
when honeywell buys you out.. Thanks for the in
Mr.Whoppe
Yo, brainiac! There ain't no support at the 20-21
level...there isn't even any volume to suggest it. Go back to
school and take statistics 101. Better yet, pay a little
more attention before running your mouth off
I want to make money every day, how about the 50 moving average--around 22.5-23 or the 200 day average around 24.25... support around 20-21.. Take it or leave it