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Technology Stocks : Paradigm Technology(PRDM)

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To: Donald B. Fuller who wrote (72)7/11/1996 8:39:00 AM
From: Gary Burton   of 259
 
Don--while book was about 5.60 (?) at end March, they have preannounced big June qtr loss and I wouldn't be surprised if book is now about 3.60--they also have increased their debt level recently from zilch at Dec 31. Operating loss, ex-writeoffs in June qtr could be significant so the outlook is now murkier than a couple of months ago. I still think the stock will test 5.00 and maybe even 4ish s.t.--I may well be wrong. But I'm holding off jumping back in until after the loss details--I may not buy back even after that. Jury is out on that
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