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Technology Stocks : PictureTel (PCTL)
PCTL 0.00010000.0%Aug 4 2:00 PM EST

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To: Thean who wrote (6)10/25/1996 12:43:00 AM
From: tony pham   of 920
 
Thean,

I totally agree with your reasoning on PCTL. Let me also add
that Picturetel has just introduce a new product, Swiftsite, for around 9K.
Phillips & GTE will also sell Swiftsite through their channels. I think
this will help Picturetel earnings in the 4th quarter. I think PCTL is an
excellent buy under 32.

-tony
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