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Technology Stocks : Phoenix Technologies (PTEC)

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To: Fred Fahmy who wrote (2975)12/24/1998 3:56:00 PM
From: Mark Brophy  Read Replies (1) of 3624
 
Is anyone else listening?

Like many other undervalued small stocks with decent fundamentals and virtually no IR/PR or relations with WS, the only way for investors to realize anything close to fair value may be to find a potential suitor. Intel....are you listening??

I'd be happier if the SEC saved Phoenix rather than Intel. It's absurd to assume that a company repurchasing stock 2 years before a business combination did so "in contemplation of the combination". One of your other similar companies, Creative, received permission to repurchase 20% of the company, which would barely dent their cash hoard. The U.S. should get off it's high horse and accept the fact that we can learn something from Singapore.

Merry Christmas! I'm using my Creative profits to head to a warm country - Mexico!
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