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Technology Stocks : Parthus Technologies Plc : PRTHV

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To: P2V who wrote ()5/19/2000 6:49:00 PM
From: P2V   of 48
 
Hello All, I just found this company through the following "STM" (associated) news link.
As noted in the Yahoo News item, dailynews.yahoo.com ....

Parthus stock began trading on the Nasdaq on a when issued basis as American Depository Shares (ADS), closing up 7-13/64 at 20-13/16, a gain of about 57 percent. Each ADS is equal to 10 common shares.
(and)
Parthus has 260 design engineers developing new technologies for the mobile Internet industry, and has seven marketing offices in Europe, North America and Asia.

It is also opening five others in Tokyo, Hong Kong, Scandinavia and the U.S..

The company's customers include French semiconductor firm STMicroelectronics NV NYSE:STM ), Texas Instruments Inc (NYSE:TXN ) and Hewlett-Packard Co. (NYSE:HWP),
a blue-chip list that yields returns to Parthus in the form of new customers.

Should we consider this stock a buy ??

Best regards,
Mardy.
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