Praegitzer Industries (PGTZ) Message Board

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Technology Stocks : Praegitzer Industries (PGTZ)

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To: Creditman who wrote (129)	10/21/1997 8:20:00 PM
From: kolo55	Read Replies (1) of 196

Earnings report not very good. The revenues dropped sequentially from 45.2M last Q to 42.6M this Q. Also the profits dropped from 17 cents to 9 cents sequentially. I bought the stock expecting 5-10% revenues growth per quarter, and the stock is priced based on that kind of revenue growth. Unless the analysts expect the Lion deal to give a nice jump to revenues, I think the stock may sell-off on this news. Do you know what the consensus was? I can't believe they made consensus. Last- usually this company warns when they will miss a quarter. No warning this time (unless I missed it), so I expected better numbers. Oh well, this report certainly confirms an industry-wide slight slowdown during the summer. Paul

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