Phoenix Technologies (PTEC) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Phoenix Technologies (PTEC)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jimbo Cobb who wrote (3529)	10/12/1999 11:28:00 AM
From: Mark Brophy	Read Replies (5) of 3624

I didn't predict a 60% rise! If I had known that, I would've bought shares last week, sold them yesterday, and been on my way to Tahiti today. I think Puma will remain a day trader's toy until the quiet period ends 48 hours after earnings are released in the middle of November. The stock will crash after all the employees who've been waiting 3 years for their options to become worth something sell out. It's not much different from all the Phoenix employees selling out after the Ebetween announcement frenzy. A Phoenix employee going by the name "insideptec" has posted a couple of messages on the Yahoo board at messages.yahoo.com and messages.yahoo.com. My inside source has left the company. He said the turnover in the traditional businesses hasn't been that bad. But, the SIP group is full of the entrepreneurial personalities most likely to be dissatisfied with Jack Kay's leadership style and the turnover there has been higher. Al Sisto's decision to spin out the unit is a long overdue boost to morale. It may disgust us to see the investment bankers get $4.7m, but sometimes you must pay off the Mafia to remain in business.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next