PERI (Periphonics) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : PERI (Periphonics)

PERI 9.255

-0.5%

9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: John F Beule who wrote (1329)	8/6/1998 6:38:00 PM
From: Peter Stier	Read Replies (2) of 1682

Would have preferred an announcement indicating that PERI is doing something to slash it's out of control G & A expenses to a lousy $ 3.5 M order spread over 9 months. Disagree that a buy-back is "smoke and mirrors" however...Better to have this money boosting EPS than sitting around in PERI's MM account earning 5 %. What is needed to get this stock where it should be (i.e. north of $ 10 - near my average cost basis of $ 11.85) is to demonstrate leadership in recognizing that 91 salesman aren't contributing to the growth as expected. They need to slash overhead aggressively - the growth just isn't there... It's not enough to have neat technology and a growing market. You need to be lean, aggressive and most of all attentive to the bottom line !

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next