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Technology Stocks : Praegitzer Industries (PGTZ)
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To: John Rowton who wrote (20)12/4/1996 7:14:00 PM
From: Marc D.   of 196
 
Thanks for the replies.

Very interesting about the average P/E of the industry - definitely lowers its value in my mind, but still probably a good buy.

I have a problem with the thin trading, though. Apparently Bob Praegitzer owns 80% of the stock. I'll have to go check out how many shares that leaves for the rest of us.

As for the Oberweis recommendation - that is where I heard of the stock in the first place. I am not a permanent subscriber, but was in one of those $69 deals giving me trials of a few different newsletters for four months. Oberweis recommended it just before it tanked - and he subsequently dumped it one month after adding it to his portfolio. If you look at his record for the past twenty years, VERY few times has he held a stock only 1 month.

Best of luck to all,
Marc
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