Printronix(PTNX) Message Board

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Technology Stocks : Printronix(PTNX)

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To: Anatole Kulick who wrote (23)	3/31/1997 2:39:00 AM
From: Paul Jansen	of 113

To All I spoke with the CEO two weeks ago,and he confirmed that analyst had downgraded PTNX from a buy to a hold on base of relativly flat revenue growth and he himself agrees more or less with this asumption,his biggest customer IBM changed their order method and will not order any more printers in the March quarter,their orderflow remains strong but they let their existing inventory run out completly befor reordering,the company will improve their bottom line ( earnings per share) a lot but again growth will be flat to modest ! I own the stock for many years and belive the company will do very well over time,even as I am disapointed about the stocks recent perfomanc,and I will be a buyer below 12 Paul Jansen

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