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Microcap & Penny Stocks : Plasma Therm (PTIS)

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To: henry jakala who wrote (340)8/3/1997 4:47:00 PM
From: Randall Reder   of 377
 
I visited the plant last Wednesday and spoke with the president Scott Defferrari. He really impressed me with his knowledge and enthusiasm. He just came from a trade show which he said went really well. They plan on expanding the plant next year. I was getting nervous with the recent run up in price. However, I now believe it should hit 20 within a couple of years. The earnings should grow as long as the economy is expanding and PTIS's customers are expanding their manufacturing facilities. I believe the increased usage of the internet is going to increase demand for disk storage. I was thinking about investing in Seagate, but now see that Plasma Therm is probably a more lucrative opportunity in this area as Seagate is one of its major customers.
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