PERI (Periphonics) Message Board

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Technology Stocks : PERI (Periphonics)

PERI 9.760

+1.3%

3:59 PM EST

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To: Graham Dellaire who wrote (1187)	6/3/1998 9:38:00 PM
From: John F Beule	Read Replies (3) of 1682

The market is in the mindset right now to only award companies that are ahead of the curve, and have a recent track record of consistently higher EPS. Both of which PERI has not had. Until they "show the money" this stock will continue to drift. I think $7 will be the support level (if it continues to drift lower). The market is being really cruel on alot of issues right now, so I don't think the money can be invested into another equity if one were to sell PERI. The market has to go thru this cycle (we had one like this about 6 months ago) where the 'panic headline of the month' was whether or not the overseas market will hurt equities. It's gonna take time for another 'panic headline' to subdue this current one, when it does, look at PERI, if you feel the fundamentals are worse than they were (I don't believe they are right now) than look elsewhere. I would like to here from any IT people out there that are deciding whether to deploy this or a competitors technology, are there other places to spend the budget that might delay this deployment? Y2K, ERP perhaps? Hope this helps

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