Whats with Proxima ? Message Board

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Technology Stocks : Whats with Proxima ?

PRXM 0.01000

0.0%

Jan 16 9:30 AM EST

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To: Gary Vanier who wrote (70)	12/18/1996 6:12:00 AM
From: luis a. garcia	of 72

Gary I agree with your assesment for Proxima.... from what I found, October was a little soft which prompted insiders to sell, November December are much better. Production is been working overtime hrs and weekends yes even in Dec. I checked this stock against the NASDAQ index last summer when the NASDAQ corrected, the stock followed it. This time around, PRXM has 4.5 times better projected EPS 1.23 in 97 vs .27 in 96.(ZACKs) and 19% 5 Yr growth rate and is facing the sweet part of its growth curve with 6 or 7 brand new products just released one pending for Jan..., margins are increasing and inventories decreasing etc. That can amount to ~ $23 in 97. So if this is all accurate the stock should make a higher low this time before its take off. Then we can agonize over corporate earnings and Greenspin and competition and on and on..... First two weeks in Jan will tell..us more. Good luck Luis

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