PRI Automation up 30% Message Board

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Technology Stocks : PRI Automation up 30%

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To: HB who wrote (92)	11/7/1996 7:46:00 PM
From: MRO0054	of 193

Howard, On a yearly comparison, inventories were up 84% while revenue was up 73%. (The 65% revenue figure you cited was a quarterly comparison.) Now as for your profit taking, that was certainly a reasonable thing to do. I thought it was very likely that PRI would report a strong quarter (and their revenues were quite strong), and the stock might soon crack the 40's (where I would take some profits). I doubt this now, as I suspect there are momentum players in the stock, and they tend to bolt rather quickly. I'm not too concerned though since I bought in at very nice prices in the spring and summer. :)

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