SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : PNJA currnently at 23.. is this just the beginning???

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: A. Charles who wrote (35)1/28/2000 12:13:00 PM
From: mozek  Read Replies (1) of 42
 
Don't know, but in case you're asking because you'd be interested in investing in their supplier... If there'd be enough of a volume from Panja to make the supplier's stock go up, Panja will likely be through the roof. With 69 million in revenues at the end of FY '99, they're probably not providing substantial revenue flow to a provider. At their lowest whole system price point of around $2000, that would only represent about 35,000 units. Personally, I think that their volume will go way up along with their revenues, but I'm counting on Panja itself being the major beneficiary.

I've now got what I consider a reasonable position in Panja and will only be buying more if we see a 10%+ drop from here.

My personal opinion is that with a market cap of around 200MM, and a potential of this market, this stock could turn into a 10 bagger or more without breaking a sweat. This is just my personal opinion, and I could obviously be wrong. I'm not betting the farm, but I'll definitely prosper if we get anything close to that.

Hope everyone's doing well.

Mike
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext