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Technology Stocks : PROCOM TECHNOLOGY(PRCM)
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To: John F Beule who wrote (179)11/25/1997 6:51:00 PM
From: Keith Dykstra  Read Replies (1) of 373
 
John,

I've talked to Karen Sohl, who is the company's investor relations coordinator and I asked her the very same question. Her reply was that except for a few sales offices located in Germany, Canada, Middle East and a few in SE Asia, the company's exposure to the international arena is quite limited. The great majority of their revenues comes from domestic sales.

The good thing about this is that whatever happens overseas will have little impact on the company's business. The bad thing is that whatever rocks the market will give this stock motion sickness as was evident, today. The only negative situation that I can foresee is the current deplorable state of the HDD makers and their suppliers. As the prices for components fall they (disk drives) become more price competitive to CD's and make a pretty good case for an alternative purchase. But even this doesn't discourage me presently because I don't see PRCM competing directly with them in all markets.

Keith
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