Phoenix Information Systems Message Board

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Microcap & Penny Stocks : Phoenix Information Systems

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To: Gary E. Johnson who wrote (21)	3/28/1997 10:25:00 PM
From: george wood	of 98

Gary, Management has repeatedly overestimated where they personally thought the stock was headed. It does appear that they are going to try to run this thing more in line with the way things should be done as opposed to the hype we've had in the past. You'll notice that shakeups have already occurred, including a new CEO with appropriate credentials. Rumor had it, Phoenix sought the new CEO before but he wasn't interested until the China Southern deal. Gordon did a good job of putting the deal together. Fortunately, he realizes that he can't take the company to it's highest potential. I think Soros frowns on the hype and wants the company to go up because it's making money. New PR people are a positive and look for even further positives to come. I'm still very positive on the long term prospects and the short term can change in a hurry as well. It's happened before. george

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