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Technology Stocks : PERI (Periphonics)
PERI 9.260+0.8%2:13 PM EST

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To: John F Beule who wrote (1329)8/6/1998 1:49:00 PM
From: Scrapps  Read Replies (1) of 1682
 
>>>I've been buying this stock down from $15,<<<

The last time it was above that was June 97...too bad you've taken it in the shorts, however, is there something you can pin point about management screwing up.

When I read about the stock buy back I thought of DELL...and was encouraged. I felt it may be an indicator of managements faith in the future higher value the shares would have. Today's 20+% gain looks good from where I sit.

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