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Technology Stocks : Tektronix

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To: GURUMAN who wrote (71)	8/22/1997 1:43:00 PM
From: Gordon Quickstad	of 193

I live in Beaverton and I missed the Oregonian front page! Thanks for the post. I stopped by to check out this thread to see if anyone was talking about the stock slacking off. I've been in TEK since 11/13/96 and I've hated to give up the last 8 or so points. I think the printer price reduction and production increase will pay off. There is a lot of competition in color printers now. Witness HP's slower growth. I don't think the market took TEK's share buyback news too well. When they buy back just to put it into the employee stock option program it really doesn't help the stock. The stock does have a very reasonable PE ratio and I'm sticking it out; may even add after a while.

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