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Technology Stocks : PUMA Technology

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To: JAG who wrote (212)	5/14/1998 9:18:00 AM
From: Ed Frye	Read Replies (3) of 851

PUMA has broken support at 5 1/2 on average volume past couple of days and you sound like you're ready to give up the ship --- i agree this is not what you want to see before an earnings release. The high R&D and the high multiple for this company both yell out this is a growth company - sales growth last Q growth was underwhelming but why do you say "no real sales growth"? Do you know sales for this Q? Has MSFT announced products in this space? Why do you suspect this is a MSFT effect? I'm not sure what to think at the moment but i will stay at least till earnings announcement.....ed

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