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Non-Tech : First USA Paymentech (NYSE:PTI)

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To: Quick Bucks who wrote (6)10/4/1997 6:01:00 PM
From: Dennis Wang   of 18
 
I believe it will move up to 23-24 and since next Q usualy are good Q (Holiday), The stock should back to it original. I still think they need to solve BankOne holding issue since BankOne will not convert their portfolio to PTI and stay with FDR insead. If this is true, then what is the true value of PTI if BankOne put PTI on the block ? Now the book value is almost $11. For a company with 25% growth, it is undervalued.

My 2 cents
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