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Technology Stocks : Praegitzer Industries (PGTZ)
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To: Creditman who wrote (50)5/12/1997 12:30:00 AM
From: rich evans   of 196
 
I already own a few thousand shares. You are right, in my opinion it is a well run company and with the right ideas on growth/acquisition/customer service. The problem for me is that I am older like Dave Moores coment in Hadco thread. I disagree with him and own no index funds or funds period but still can not put all my chips on one number. If I could DIIG seems safer but not necessarily better. But their are a lot of unknowns in this industry which I have been trying to raise comment on with my posts on the ECM thread and KEMET. I think this industry is the place to be because of value versus growth and the action/change is coming here. Hadco"s latest conference call is an example with the technology aspect of multilayer, imbedded resistance/capitance, fine line boards and the long discussion by ANDY on vias which you and I mentioned re MERIX. BUT where is it all going? I want to look at the distributors who I think may get into BOX building. But if PGTZ stays at these prices I will buy more when I can which is after a real estate deal closes in 30 days. But PGTz in my opinion will eventually merge because the industry to stay competitive will all go the the HADCO size {almost 800 mill}. And what about integrating with the assemblers or distributors. CCIR is another similar stock. I bought it on the "come" of the SIGMA deal which I liked. It fell though and I sit with it. {Not a trader as you know from our DIIG discussion} But it too may respond and merge. SEe th latest RED CHIP review. So I think you are making a good investment and will be right behind you when I can.

Rich
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