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Technology Stocks : PRTG (PRT Group)
PRTG 0.649-2.3%Dec 24 9:30 AM EST

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To: DD™ who wrote (113)4/17/1998 9:15:00 AM
From: organicgerry  Read Replies (1) of 128
 
My opinion is that this is a smart strategic move for PRTG. The acquisition price was cheap for the knowledge, talent, and technology acquired. As the article states "this acquisition positions PRT as one of the leading process improvement companies in the marketplace". Obviously PRTG is further differentiating itself in the marketplace and solidifying its position.

PRTG will be able to leverage this to gain better profits.

As I mentioned in reply #2, I am a long term investor in PRTG and expect to see it become a $50 stock in a couple of years. Nothing has changed this.

The market is fickle and most investors can't see past the last quarter's earnings. This is a dynamic high-potential company with tremendous growth ahead, selling at a bargain-basement price. Not many people or institutions follow this stock now, but the "herd" will notice it later when it takes off.

My opinions only -- make your own decisions.
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