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Technology Stocks : Preferred Networks (NASDAQ:PFNT)

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To: majaman1978 who wrote (37)1/20/2000 7:15:00 AM
From: Double Dipper  Read Replies (1) of 107
 
Mark,

Thanks for the response. I read the latest filing about the sale of their subsid. Without being familiar with the background of the company it was hard to get a picture of what took place. It appeared to me that they sold off a core part of their wireless business to unload some debt. Is this correct? I will continue my DD and make the appropriate calls. One of my concerns is that this company has had a terrific run up lately and I don't want to be late to the party. I'm not sure what fair value is right now vs future. Is there product, iterminals, a proprietary product or technology that would bring in patten licenses or
cloning fees? Are they really in the manufacturing part of the business or a repair services, or an OEM for someone else. I'm no wireless guru and don't quite understand what the main focus of the company is and what the iterminals t means to the market. Any laymans terms would be appreciated.

Kevin
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