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Technology Stocks : Printronix(PTNX)

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To: Jim Court who wrote (12)1/24/1997 1:38:00 AM
From: Philip Tseng   of 113
 
Jim,
I am seeing PTNX is forming a new base at $16.50-17.00. BUY/SELL indicator remains +100. New product line for Asia market has just announced yesterday. I expect improving pprofit margin and revenue growth going forward. Short term target $20.00 in one month.
I also like ARSW(Arbor Software)as turnaround candidate based on 85% eps and rev. growth and "golden cross" technical pattern formed.
Any picks?
PT
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