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Technology Stocks : Whats with Proxima ?
PRXM 0.010000.0%Jan 16 9:30 AM EST

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To: David J Chin who wrote (51)8/6/1996 7:51:00 PM
From: GS_Wall Street   of 72
 
The new products are DP9100 Dp4100 and the DP5500 all of which did not ship last quarter. All are schduled to ship this quarter. Proxima biggest problem to date has been execution. As time progresses it will eventually overtake their lake of execution, but for the market time is money and that is why the stock is still down. As far as the acquisitions go, I think Proxima is vunerable to being taken over, they have close to $4 in cash. So basically you buy the company for $7. Starting to sound pretty attractive.
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