Wednesday, June 16, 1999
TRISTATE MARKET SPOTLIGHT
Pomeroy dips after report on stock
Pomeroy Computer Resources Inc. fell $1.50, about 11 percent, to $12.121/2 Tuesday.
The Hebron-based company leases and sells a variety of desktop computer equipment, including hardware, software and related products.
Traders exchanged 117,200 shares Tuesday, compared with the 13-week average daily trading volume of 77,913.
Pomeroy's price fell in the late day, after Banc of America Securities (BOA) issued a research report on the stock. BOA analyst Kurtis King, who didn't return calls Tuesday, had a buy rating on Pomeroy.
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