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Technology Stocks : PERI (Periphonics)
PERI 9.630+3.4%Nov 21 9:30 AM EST
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To: Mel Spivak who wrote (1416)11/25/1998 8:47:00 PM
From: Timoteo  Read Replies (1) of 1682
 
I have been gradually building my long position in PERI. I believe institutions are waiting for this quarters results. There is not a lt of coverage and analysts don't exactly bust their butts doing original research when its easier just to follow the herd. If PERI turns in a better than expected quarter, I think we could see 20 easy if the general market holds up. I owned LHSPF when it began to move but sold it too quick. A company like PERI deserves a PE of 40 to 60 if it can turn steady profits because of the potential of VR. All just my opinion but am anxiously awaiting the quarter's #s.

Best Wishes,

Timoteo
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