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Technology Stocks : PRVO:PREVIO INC earnings +45% for '96 (A good story)

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To: Doug Fowler who wrote (848)9/2/1998 7:04:00 PM
From: Jim Oravetz  Read Replies (2) of 955
 
<But there will be no significant upside unless the company starts to deliver (or is bought out).>

This co. has had plenty of time to deliver already! I haven't quite figured them out. Their s/w products are always rated very well or excellent, but the sales numbers have just not materialized. They added some sales personnel, then blamed shortfalls in profits on having too many salespeople(then lay off). I am really unsure why they have not announced more product offerings after they purchased several s/w development houses.

The hardware business seems to have potential. But, a "one-chip" wonder, abet a good solid chip, does not make for a good long term investment.

I bought in a $10 QUITE a while ago, and in retrospect should have sold quite a while ago.

Jim
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