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Technology Stocks : Premiere Technologies (PTEK)
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To: Captain Jack who wrote (1222)3/30/2000 12:40:00 AM
From: Ultimate Investor  Read Replies (1) of 1270
 
I agree. PTEK is a very undervalued despite some serious mistakes on the part of the management. I think they (hopefully) learnt from their past mistakes and are ready to take this stock higher.
Hey, after all PTEK will do $70 Mil in EBITDA and is incubating three dot com companies within its three operating units. And then you have the PTEK Ventures. Remember how some companies go up 300, 400, 800% in a few weeks when they get noticed.
Well, PTEK is not on the radar screen yet and when it does, we will see that big run up. Until then just add to the position and make sure you make your point to the company that you want action and you want it NOW.
And also please tell the management, no more option repricing -- that was below the belt on the part of the management. They tried to enrich themselves at the expense of the shareholders. Now they will make money only one way -- get the stock price up.
And the management wants to make money.
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