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Technology Stocks : Pixelworks, Inc. (PXLW)

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To: Susan G who wrote (29)4/19/2001 9:11:42 PM
From: Perry Ganz  Read Replies (1) of 47
 
Hi Susan
Sold my PXLW today at $22.30
Mainly because of the recent huge runup in the NAZ and PXLW
and partly because the suprise of 7 cents verses the estimate of 4
was really not that big
I say that because the anylists had a 28% tax rate in their estimates and PXLW is not going to pay any taxes this year
Panstera purchase is the reason ..... I think
they would have reported 5 cents if they were paying taxes

plus the stock has almost tripled in the last couple of weeks

lots of good stuff in the CC
flat panel monitors are really rampin...now about 50% of biz

Good Luck
looking to buy back at 16
Perry
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