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Technology Stocks : PINNACLE MICRO (PNCL) - A QUALITY PICK FOR '98

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To: d. alexander who wrote (1414)11/27/1997 10:57:00 PM
From: Jeff Sheeran  Read Replies (2) of 1709
 
Pinnacle pruducts are dated......look at IOM.they have Jazz2 30% faster than Jazz1, 2 gig cartridge for 650bucks. This smokes anything PNCLE will ever have. period. Syquest has the sparq now, 200 bucks and cartridges are 3 for 100..hell of a deal if you ask me (wouldn't buy one though) heck you can buy one of those and 24 gig of removable storage for 1000 bucks. I took what I had left in PNCL and rolled it into IOM and up 60% since. The fact is IOM has won the removable storage war. Look at all of the other removable storage companies and they all are strugling the LS120 was supposed to put the fear of God into Iomega but it fizzled and Imation is trading at new 52 week lows ever week now. Syqt has a prayer but actually they introduced a product about a month after zip had become the standard. PNCL is a weak company with weak, dated pruducts thye don't have a viable answer to any of the above stated products. Their sales reflect that, hell I am waiting for the Justice dept to announce that this is one of the companies under investagation for manipulation by the Mob. No money + no sales= NO CHANCE

Jeff
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