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Technology Stocks : Telxon (TLXN)

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To: James Petersen who wrote (155)7/23/1997 7:56:00 PM
From: joe pinto   of 378
 
James,

At least the stock price went up, probably due to the Genesis re-announcement.

Still long, but reduced by position. Won't be the first or last time I'm wrong. Numbers do bother me.

Even with cost reductions their quarterly breakeven is about 95m -- some accountants out there can check my math.. Tlxn has to be giving heafty product discounts.

What would they have to ship to generate $.85 in the remaining 9 months?

Goood Luck

Joe

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