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Technology Stocks : PUMA Technology
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To: Nelson Chang who wrote (665)12/2/1999 7:25:00 PM
From: Ted M  Read Replies (1) of 851
 
I agree it would be nice if more individual investors were benefitting from this meteoric rise.

I guess investors keep thinking they've missed out on the major move already. Still, the market they address is huge and their market cap is tiny in comparison to other early leaders in huge markets (EGRP, PHCM, RNWK, CMRC, etc). PHCM has a market cap of $9 billion Puma's is not yet $1 billion. I'm not saying they are a bargain now but there is a rationale for expecting continued multiple gains over the next few years (ie $200+ per share pre-split).

Ted
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