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Technology Stocks : PTEC superiority over Systemsoft

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To: Tim Oliver who wrote (109)8/29/1996 6:31:00 PM
From: Mark Brophy   of 287
 
Re: PTEC thoughts

<<The only answer I keep getting from PTEC's CFO is that they researched the market and found that OEMs are only willing to pay much less than SYSF is projecting for the product...and that PTEC has more profitable products in the pipeline. >>

Maybe they're right. Pheonix has a poor history of developing new products, though. If it weren't for their core business, they'd never make any money. They're very much like Intel. SystemSoft has done a much better job growing their company at a 50% rate, while Pheonix has been growing at 30%.

<<Would someone please convince them that we can all make a lot more money if they just acted a little bit more like SYSF and spent as much time managing their stock price as their business?>>

All stock bubbles eventually burst. I think they've done a great job managing the stock price, because it hasn't been volatile. I bought in at 14 3/4 a couple of months ago and sold out 2 weeks ago for 18 1/2. You can always count on slow upward movement in the stock price, so it's very easy to make money. I'll buy in again when the price hits 15 - probably during the next panic.

I've had more profitable trades in Pheonix than any other company, and I've never lost money. Usually, it goes up 20-30% with 2 months. You can do this kind of trading at least 4 times/year. At the end of each year, you've doubled your money with virtually no risk.

You might be able to double your money in SYSF, too, but you take a big risk. Why bother?
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