Phoenix Technologies (PTEC) Message Board

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Technology Stocks : Phoenix Technologies (PTEC)

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To: Mark Brophy who wrote (2908)	11/20/1998 5:47:00 PM
From: Jimbo Cobb	Read Replies (1) of 3624

Peter Lynch doesn't always avoid technology stocks....on CNBC sometime during the last couple of years he mentioned his favorite 3 or 4 stocks and LSI Logic was one of them... Of coure, LSI was around $30 at the time, if I recall correctly, so maybe Lynch SHOULD continue to avoid technology stocks, since he doesn't seem to have very good luck with them... PS: Did you see SYSF double today...I think the real reason it went up is because SystemSoftware (SSAX) was upgraded and got a lot of press today...investors thought the name sounded like Systemsoft so they started gobbling up SYSF shares....at least that's my opinion of what happened....of course, a lot of penny-stocks (INFO, for example) have started moving over the past few weeks...maybe SYSF at 25 cents a share was a little undervalued...at that level someone could just buy it out, close down the company and take the more than $50 million tax-loss carryforwards they have and end up with a nice profit... Jimbo.

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