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Technology Stocks : Praegitzer Industries (PGTZ)

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To: rich evans who wrote (80)6/26/1997 10:18:00 PM
From: Creditman   of 196
 
You and I disagree on a couple of these ... and I believe that I know them better (natch!). 1. SFLX - I told you about my (former) connections re SFLX, right? Anyway, they are pure disk drive related, small with only a couple of customers. I wouldn't buy them with the disk drive guys in possible trouble. What they do, used to do anyway, is put chips on flex cables for disk drives. I might buy at $9 and sell at $10 but that's it. PGTZ has about a million potential customers, SFLX has a few. 2. MERX - The people I know don't like them as a company, as a competitive player in the industry. Often the captive shops can't make a profit when they get cut loose. For example DECs former PCB operation is mostly out of biz now and most of the Control Data shops are gone now too. Not lean and mean like the merchant PCB operations are. Merx was protected for too long ..."too top heavy, inexperienced management", etc. I don't own any and never have.

To re-state why I believe PGTZ is heading up ... they should shortly report their first profitable quarter since going public ... That should be worth something.
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