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Technology Stocks : PPT Vision, Inc (PPTV)

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To: jeffrey c ott who wrote (53)11/6/1997 7:48:00 AM
From: Rob L.   of 73
 
I had been very optimistic about this company turning it aound, but with the overall market doing so well, I beleive there are other, safer, places to put money right now that can earn me a much better return than PPTV. After all, money flows where it can earn the best return and right now it isn't in this company. Needless to say, I am bailing out of this stock and this company. I have held for nearly two years, with little profit to show for it. I have missed about 2000-3000 points on the dow with the money invested in this stock and I am no longer confident that they will be turning it around i a big way. The dynamics for rapid growth just don't appear to be present. It is a good company with good management, but there is a lot of competition and it will take some time for their new products to receive recognition. The markets for their sales are strong. AMP is doing very well, the automotive and medical sectors are strong and we are in the midst of one of the strongest technology bull markets we may ever see, but the stock goes nowhere. Good luck to those that remain behind. I may come back if I see the fundamentals are changing which would suggest a more favorable outlook for the stock price. Earnings due out the week of the 17th and I do not want to hold through that period. A portion of company's sales go to Asia which should have an impact on their sales.
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