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Technology Stocks : PERI (Periphonics)
PERI 9.630+3.4%Nov 21 9:30 AM EST
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To: Michael L who wrote (1369)9/22/1998 5:38:00 PM
From: M. Frank Greiffenstein  Read Replies (1) of 1682
 
Looks good!

I was especially impressed with increased bookings from Europe, Latin America and Africa. Asia was down, but I was surprised to see what a small % of sales Asia reprsented last year. They never had that much exposure.

I think these results are pretty much discounted into the stock price. I think today's selloff was just traders selling in advance of the news...a typical strategy for them. It could also reflect MMs taking out stops.

DocStone
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