Paradigm Technology(PRDM) Message Board

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Technology Stocks : Paradigm Technology(PRDM)

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To: Jim Tao who wrote (27)	3/25/1996 8:43:00 AM
From: mike fredricks	of 259

jim, what are your thoughts on prdm now due to friday's announcement and close? one technical note is that the stock touched down to as low as 8.25 and then recovered later on to 8.875, thereby assuming (even though never assume in this business) that maybe it touched its low at 8.25 and may bounce back up. depending on earnings the multiple may be too low. i am thinking of grabbing at 8.5 whereas if i can get to sell at 10.5 i am getting almost a 25% return. let me know what you think about this and if you think it may have bottomed out at 8.25. my only concern is that their earnings disappointment was in the Wall St. Journal today in the small stock focus, which may depress it further. thanks for any advice

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