PTEC superiority over Systemsoft Message Board

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Technology Stocks : PTEC superiority over Systemsoft

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To: Tim Oliver who wrote (111)	8/30/1996 9:11:00 AM
From: Mark Brophy	of 287

Tim: <<I'm glad you told us you were short on PTEC and looking to buy lower.>> I'm not short on PTEC. I think it's fairly priced and I have no position. I have great confidence in the ability of fund managers who have no idea what they're doing to sell me some PTEC stock in the future at a good price. <<SYSF has been fortunate to have H&Q hyping their stock. The result is PTEC can drop 20% quickly because of traders such as you that can manipulate the stock because of the low float....They don't need to stretch the truth and create fantasies in investors minds like their smaller competitor often does.>> All hype ends eventually. Counting on it does nothing for you in the long term. If you compare the charts, SYSF is much more volatile than PTEC. In the July crash, SYSF dropped like a rock, and PTEC suffered only a modest decline. That's good PTEC stock price management! Anti-momentum traders like me reduce the volatility of the stock. <<It is a lot easier to grow at 50% than 35% when you're a lot smaller.>> That was a reasonable excuse for a while, but SystemSoft is now half of Pheonix's size. I don't think it's valid any more. SystemSoft gained a lot of market share in PCMCIA and other assembly programming, which is an area Pheonix should've dominated. If they'd given their underpaid programmers a raise and recruited more assembly programmers with the lure of high pay, they could've retained their monopoly on x86 assembly work. They're continuing this mistake today and their biggest long-term problem is engineering turnover. Successful companies like Intel have low turnover and most of their management has been with the company at least 20 years. Now, Pheonix has a thorn in their side in SystemSoft that'll be tough to get rid of. <<I hope you get $15 along with the other Mark.>> I'm short on SYSF, so that's impossible in the short term. Hopefully, he'll get out at the top and I'll enjoy the ride down. <<Just put in several 1000 share shorts. That'll probably drive the stock down a couple of dollars and you can get your price.>> I wish it were that easy. After I sold my shares at 18 1/4, it rose to 19. I never seem to be able to sell at the absolute top or buy at the absolute bottom. But, I still make money every time. I'll just wait for the next panic, which traditionally happens in October.

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