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Technology Stocks : Phoenix Technologies (PTEC)
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To: Amy Feller who wrote (2986)12/30/1998 8:12:00 AM
From: burt l seifman  Read Replies (1) of 3624
 
Amy, I truly appreciate your philisophical discussion. I bought ptec about three years ago at substantially higher prices for myself and my kids. Believe it or not I had made a lot of money for the family on systemsoft ( the recently deceased). I looked at them and said boy this is a safe investment leader in the field, growing business, very strong balance sheet and strong customer relationships and at that time a recent investment by Intel. I compared it to systemsoft and said if that tramp could make it what about this classy one. All things pointed to a winner and a pretty safe one at that. What have i learned? An Intel investment is worth nothing. In high tech balance sheets (or value) means little. Sex sells. And this one is frigid.
I liked your relationship example. It is a relationship that you keep believeing you can make work. It's not one that performs so badly with absolutely no hope of improving. The signs still say it wants to be loved. That it can give and I just can't get myself to admit defeat. It's kind of a human bondage thing you keep coming back to have your heart trampled. I promised myself I would give it until mid 99 if not I will break it off admit defeat and seek understanding and solace from my family.

A wonderful and prosperous New Year to all.

Burt
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