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Technology Stocks : PRI Automation (PRIA)

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To: Beltropolis Boy who wrote (480)	7/14/1998 10:04:00 AM
From: BruSi	Read Replies (2) of 1214

This much was expected. Layoffs from 10 to 15% and decline in sales. Let's hope it does not get any worse. Hopefully we'll see a positive book to bill ratio bach in the third/fourth quarters. In the meantime the bad news was already factored into the price. PRIA did not break its minimum support set about 6-8 weeks ago. That's the only 'good' news. BruSi

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