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Technology Stocks : PERI (Periphonics)
PERI 10.23+2.9%12:59 PM EST

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To: Phil Jacobson who wrote (1193)6/7/1998 9:58:00 AM
From: g.w. barnard  Read Replies (1) of 1682
 
phil,
with all the contracts announced lately and poliferation of call cntrs, and strong buy rating of zacks why would you switch now? is there some sort of cyclical product phase peri is going thru which may impact it's future growth? maybe a slowdown in the industry? i do not know at this point but believe this field is still expanding (albiet not as fast as the last 5 yrs.). many companies are experiencing cutback in employment and have turned, reluctently to this mediam, as a cost cutting measure. should a downturn in the economic business cycle develope i think this field will be looked upon as a pronounced effeciency tool???

still looking and may pull the trigger soon (before earnings on 7/14). may sell some covered calls at 10 and 7 1/2 puts as risk reducers.

gw
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