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Technology Stocks : Preferred Networks (NASDAQ:PFNT)

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To: GARY P GROBBEL who wrote (61)2/2/2000 11:12:00 AM
From: Cleve Noyes  Read Replies (2) of 107
 
Gary,

Yes, I saw that too. According to the filing the State of Wisconsin Public Pension Fund was a beneficial owner of 5% or more of the company. As of today's filing they now have a 0% stake in the company. That could have been the drag on the stock price the last few days. Now that they're cleaned out it may be able to pop above $1.00. Also, the 10-Q which should be out around the 15th should make for some VERY INTERESTING reading. I for one can't wait to see they're latest progress report. Good luck to us all...
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