Praegitzer Industries (PGTZ) Message Board

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Technology Stocks : Praegitzer Industries (PGTZ)

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To: Don MacNeil who wrote (15)	11/15/1996 3:32:00 PM
From: Don MacNeil	of 196

REFUTE: PGTZ is a screaming buy. Awesome growth quarter-over-quarter before their pre-announce on 9/10 of a product mix miscalculation. Do you buy that? I find it plausible. They further decided to dump every charge, every piece of accounting "old business" into this one quarter, which they've done. They're cleansed. Look at revenues. Still well up despite the screwup. Volume is down to nothing. So is p/e. This is not a poorly run company. This is a well run company offering us the chance of the year. Am I in yet? No. I knew when the pre-announce came down that PGTZ would undergo one quarter of agony...and that's what's happening. And as the faithful become squeamish and fall away one by one, the price gets better. I'll pick my moment...but 'til then my challenge is, 'cause I want to know if I'm missing something... ...refute: PGTZ is a screaming buy.

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