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Gold/Mining/Energy : Perfect Fry is getting hotter!
PNM 58.88+0.7%Dec 31 3:59 PM EST
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To: Yarek Szolomicki who wrote (18)3/22/1998 9:11:00 PM
From: Tom Kinakin  Read Replies (1) of 21
 
Yarek,

Perfect Fry was downgraded to Hold while the company
prepares for the rollout of the new model of fryer,
a 220 volt unit with much larger capacity which is
what the end-users have been asking for.

The user manual is supposed to be completed before the
end of March and once it is printed, shipments will resume.

PNM needs another quarter to show some decent sales and
revenues and I'm prepared to give the company another
three months or so to prove itself.
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