Praegitzer Industries (PGTZ) Message Board

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Technology Stocks : Praegitzer Industries (PGTZ)

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To: Creditman who wrote (116)	9/8/1997 2:31:00 PM
From: kolo55	of 196

I have a call in to Investor Relations. I re-read the announcement, and now I see they are just projecting a 25-30% rise in production for the "Dallas" plant. Maybe the other plants are doing better. I am almost certain that one of the original press releases or articles projected a company wide increase in production of 25-30%. But now I can't find that wording. I could have swore I saw that wording. I must be getting old, or spreading myself too thin. Thats one of the probems with the net; just too much info and leads to chase and research. John McManus used to be the ECM analyst at Needham. His analyses of the stocks have been pretty thorough, but his timing on buys and sells has been pretty bad. One of his favorite Buys for this year was Centennial Technologies, and he had a Hold on DII Group for much of its move. I think your timing is much better. If I get encouraging or clarifying words from Praegitzer, I'll post. Right now I think you have better contacts, and if they're telling you the quarter production levels are close to last quarter, and pricing is still good, then the revenues will be up around $45M, and this stock decline unwarranted. Paul

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