Phoenix Technologies (PTEC) Message Board

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Technology Stocks : Phoenix Technologies (PTEC)

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To: Jules B. Garfunkel who wrote (3579)	1/31/2000 8:27:00 AM
From: Mark Brophy	Read Replies (1) of 3624

It's too bad you're on vacation. You could've sold at 24 a couple of days after you left. The strange thing about this company is that the detractor and promoter on this thread are both right. Jack Kay went 4 years without increasing shareholder equity/share. But, he also made $160m or more on InSilicon. This is essentially a venture capital company. Ron Fisher made a bundle selling books and Xionics, which allowed him to fund Yahoo and the other Softbank companies. Jack Kay made a bundle on InSilicon and started a net business where Al Sisto may make another bundle. And the price went through the roof based on a BIOS for a Linux processor developed by a startup. If Phoenix can't make much money on a BIOS for Intel and AMD, how are they going to make big bucks on Transmeta? I'll bet Three-Fingered Kelly could count the number of engineers it took to produce it on one hand and still have a finger or two left over!

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