PRMO - Premenos Message Board

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Technology Stocks : PRMO - Premenos

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To: Jon Moore who wrote (157)	4/14/1997 1:22:00 PM
From: jeff conn	of 240

It is hard to believe PRMO is selling at such a low price considering its fundamentals and the way the market values HRBC(425M mrtk. cap; 41M revenue). Although, PRMO is currently trading above cash value(cash value=55M; mrkt. cap=65M) WS has not been very kind to this stock. Yet, the next earnings report will be an extremely important indicator for WS. If the earnings slip(10.9M last qrt.) isn't that bad and its cash position remains high PRMO will be a great buy. Of course, I felt the stock was a great buy at 9+ and it will take a few qrt's to regain WS confidence.

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