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Technology Stocks : Phoenix Technologies (PTEC)

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To: Mark Brophy who wrote (2913)11/21/1998 11:54:00 AM
From: burt l seifman  Read Replies (3) of 3624
 
I realize what I am about to say does not compare with the analysis that I read here which is quite good. But I have to go through this catharsis. I made a big mistake and I continue to seem to make it. I bought the stock three years ago and felt it was a good investment. I saw the cash, I saw the market share, I saw the possible growth areas, I heard that R&D costs would come down. Yet I see the stock consistently drop. I guess the comments on management are true and I guess I have to just admit i blew a lot of money and assume lifes lessons. Somehow though I don't want to give away at six, all of the above still hold true. I will rationalize and hope somehow they can more than double this year and I can get out with some dignity. But gee whiz can below five be far away? Thank you for this moment of self flagilation.
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