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Technology Stocks : Whats with Proxima ?
PRXM 0.010000.0%Jan 23 9:30 AM EST

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To: Alan Crawford who wrote (24)4/3/1996 3:13:00 PM
From: Donald B. Fuller   of 72
 
Alan,

Not that I'm a great technical stock analyst, but I also like NVUE's chart pattern. It seems to have formed a broad based bottom from which a trickle or two of positive news could launch it. Right now, my buy order remains unexecuted - stuck in the spread (6%- what a rip). I agree with you re: INFS. They seem like the most powerful in this sector. Their new 210 series looks formidable. PRXM remains a bit more difficult to call, but seems like a bounceback candidate too.

A little side note is that despite the overall sluggish computer market, the one exception is supposed to be laptops, due to recent better integration of Pentium processors. While everybody & their brother may have a pentium desktop, the same is definitely not true for laptops. Since projection devices work primarily with laptops, I think they could be a casual benificiary of this trend.

Regards,

Don
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