Prophet 21 (PXXI) - Way Undervalued! Message Board

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Technology Stocks : Prophet 21 (PXXI) - Way Undervalued!

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To: Katz R Us who wrote (46)	7/23/1999 12:27:00 AM
From: Dale Stempson	Read Replies (2) of 165

Barbara, <g>, Just typical Silicon Valley hours I guess... sleep fits in somewhere between work, family and the net. As far as an entry point goes, well, I have a few comments: Issues: 1) Top-line growth and bottom-line earnings were weak last quarter. I'm concerned with what we'll see with the latest report. 2) I'm uncertain as to what impact Y2K will have on their business during the second half of this year. Long term I'm a firm believer that Prophet 21 will continue to grow and do well. Their products, employees and management are all excellent. If I were initiating a long position in PXXI, I would have no problem buying here, but would only allocate about 1/3 of my cash now. I'd save 1/3 until after earnings are released, and keep the final 1/3 on hand to buy on a dip, (if before earnings, then under $8-1/4). Just a suggestion, since you asked. Regards - Dale

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