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Technology Stocks : Printronix(PTNX)
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To: Deep Six who wrote (78)2/6/1998 2:00:00 PM
From: David Aegis  Read Replies (1) of 113
 
PTNX presented at the Wall Street Forum conference in NYC on 2/4. Replay on the internet at:

wallstreetforum.com

You need to register first and have a RealAudio plug in (a download button for RealAudio is available on the Wall Street Forum site).

Note the comments on the supply chain management initiative. PTNX took $80 million out of its sales channel (on a base of about $170 million per year in revenues). This move is now providing production efficiencies, but must have wreaked havoc on revenues.

The problems in Europe highlighted on the EPS conference call were reiterated, as well as a brief statement that corrective action was being taken. No details were offered, however.

The presentation runs about 45 minutes. Worth the effort to anyone trying to figure out what makes this company tick.

--David
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