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Technology Stocks : PRI Automation (PRIA)

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To: Proud_Infidel who wrote (977)9/12/2000 10:16:24 AM
From: Q.  Read Replies (1) of 1214
 
Listening to analyst Jay Deanha on the CC, I got the impression that he is losing confidence in management's guidance.

He asked a very pointed question. I paraphrase: Why do you say that you hope to get your margins back up to the 40's when not long ago you were already better than that, and at that time you gave guidance that you were going to increase the margin even higher, by going into higher-margin products.

BTW, I'm surprised that we've only heard from one short seller in this stock. I would think that lots of people, not only employees but also customers and suppliers, were likely aware of this problem before it was announced. Sure wish I had known so that I could have lightened up on my long position.
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