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Technology Stocks : Proxima (PRXM)
PRXM 0.010000.0%Jan 16 9:30 AM EST

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To: Gary Vanier who wrote (170)10/21/1997 12:20:00 AM
From: GS_Wall Street  Read Replies (1) of 181
 
Proxima has plenty of cash and I know Ken Olson, the CEO. He will not spend any money, just maintain the sales channel while looking for a new CEO. Whoever they get will have 18 million dollars to spend on his strategy. Look for Proxima to hang in there and see what/when a new CEO will take over. Untill then you can buy for .80 on the dollar. Although I am avoiding this sector completely.
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