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Technology Stocks : Phoenix Technologies (PTEC)
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To: Tim Oliver who wrote (372)1/23/1997 12:26:00 AM
From: Pascal Morin   of 3624
 
For 1997, I am rather bearish for the market in general. I believe that PTEC willl go to $20 as a bottom. I think it is not unrealistic to go up to $25. And $30, maybe, but not for too long.

I am certain that PTEC will be more recognized as "the leader" in the field of BIOS (more than 50% of the worlwide market), PCMCIA, USB and call avoidance (with First Aid 97). The PICO group has accomplished a spectacular growth making SYSF even smaller in the area of Embedded System (which include BIOS and PCMCIA).

Now, regarding AWRD, nobody takes them seriously (BIOS, PCMCIA and even call avoidance). AWRD tried to come back with a PCMCIA solution for Win NT but it falls short to provide a viable solution.
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