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Technology Stocks : PictureTel (PCTL)
PCTL 0.00010000.0%Aug 4 2:00 PM EST

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To: Anthony Ho who wrote (428)4/7/1997 8:50:00 PM
From: Fred Fraschetti   of 920
 
I think that they should buy back their shares if they are undervalued
and they have alot of extra cash in the back at 5 percent.

Their normal revenue can support additional R&D, Capital spending
and additional expansion.....

thats my take.... but I am not a share holder!
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