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Technology Stocks : Phoenix Technologies (PTEC)

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To: Tim Oliver who wrote (2939)11/30/1998 10:03:00 AM
From: John B. Dillon  Read Replies (1) of 3624
 
Tim,

IMHO Jack has a great strategy. He just bought two great complimentary companies and now PTEC is now the clear leader in PC BIOS, and has a great position in the IP world. PTEC has little competition and very good long term growth prospects. I like PTEC's value added products like ROM Pilot and I believe they will become significant contributors to the bottom line.

Jack's problem has been being overly optimistic with PTEC's numbers and I believe from listening to the last conference call that those days are over. The recent analyst downward revision is good news because PTEC has a credibility problem that will be solved by making or beating their numbers.

jd
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