Phoenix Technologies (PTEC) Message Board

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Technology Stocks : Phoenix Technologies (PTEC)

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To: Jules B. Garfunkel who wrote (3518)	10/4/1999 11:07:00 PM
From: John B. Dillon	Read Replies (1) of 3624

Jules, Marc and Mark, "It is clear for me, that Al Sisto is working on reducing the expense side of the earnings equation. As long as he doesn't give away the assets that we invested in, and paid so dearly for, (high R & D costs being out of proportion with revenues for the last three years)." I also want to see unnecessary expenses cut. I was a big fan of ROM Pilot and PBSS, but they contribute to high R&D costs, and were not successful. PTEC has 70% of the market for BIOS, stable prices and increasing PC sales so I am looking for revenue growth. If revenue didn't grow last quarter the question that needs to be answered is why not and when will ebetween, Itanium BIOS and IP lead to growth and is it worth the wait. jd

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