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Technology Stocks : Printronix(PTNX)
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To: Paul Jansen who wrote (26)4/15/1997 8:20:00 PM
From: JOHN CHEN   of 113
 
This totally undervalued company with p/e now under 10 ( $1.33 per share estimate ) is about to move up.

I expect great earning this quarter, why?

The answer-major stock buy back annouced recently.

Obviously they feel the company is unvervalued. And I agree.

PTNX is a solid stable company-it's not a high flyer so it does not attract enough attention.

But like JBIL, PTNX will eventually take off.

$20 is the bottom price really, at $1.33 per share, PTNX should be in the $30's.

Earning is due the last week of April. I will post more info when it becomes available.
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