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Technology Stocks : Parlex Corporation(PRLX) Record earnings again.
PRLX 0.00010000.0%Aug 22 5:00 PM EST

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To: Ken G. who wrote (1)7/10/1997 12:43:00 PM
From: Stephen J. Eisenreich   of 92
 
Ken and All,

Part of what has held this stock down since the split has been the slow trickle of shares out into the market from one of the original investors. My information is that this person held 650,000 shares and has parted with around 100,000 for one reason or another.

The news out of Parlex is that he is cleaned up and when Adam-Harkness pulled their offer this morning the stock began it's ride up. As I write this PRLX is offered at 18 and bid at 17 1/2.

End of the year earnings are not scheduled to be released until August 21st?? I believe, according to Zacks. The numbers look very good and the chart on this stock is solid.

Although I own it, and have since January, I am not touting it. The interest is there now, the stock has surpassed it's old high and things look very good from here.

Steve
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