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Technology Stocks : Praegitzer Industries (PGTZ)
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To: kolo55 who wrote (108)9/5/1997 2:33:00 PM
From: Mary Elaine Benjamin   of 196
 
Paul:

``Praegitzer has experienced record-setting revenues and production levels over the
past several quarters. We expect this quarter's production from our Dallas facility to
exceed last year's same quarter production by 25% to 30% and to be accomplished
with 57 fewer employees,'' stated Matt Bergeron, chief operating officer, Praegitzer
Industries, Inc. ``Significant capital investments, coupled with better process control,
are part of our continuing plan to reduce the labor content of our products. This means
a more highly trained and technically competent workforce.''

I saw the news release and was surprised the price went down since the CEO said they expect to exceed last year's same quarter production by 25% to 30% with LESS employees.

I would appreciate your thoughts. Thank you. Mary
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