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Technology Stocks : Phoenix Technologies (PTEC)
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To: Theo Karantsalis who wrote (2806)10/21/1998 4:58:00 PM
From: Marc Phelan  Read Replies (1) of 3624
 
Theo,

wouldn't you think that the excitement generated by the conference call (or anticipation of) might allow for a spike before any retreat? Also, wouldn't any report of PTEC's future, by our buddy Jack Kay, outweigh the fact that earnings didn't come in as expected?

I would love to hope that the CC would generate some excitement! If Bob and Jack would get up there (I guess they are sitting) and say that they are going to buy 20% of the outstanding stock at these absurdly low prices as soon as they are legally able, I would love it! Phoenix has a great future IMHO but it has not been articulated properly to the media. Mind you, it is a very difficult subject for many to understand and they are the ones who are waiting for the bottom line $, to reflect that reality.

I am hoping for a new customer to be announced tomorrow for the RomPilot product or a new product based on that technology. If we do get a spike I see no retreat for this stock. It belongs in the teens right now and when it starts moving I do not think it will look back.

I certainly hope you are right! If First Call has .08 then if it comes in at .10 the press should report 25% over estimates! <grin>

I still have faith in Phoenix and I think they have made all the right moves. I just wish they would set some goals and aspirations for the company that could be clearly understood by the analyst.

Marc
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