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Technology Stocks : Phoenix Technologies (PTEC)
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To: Amy Feller who wrote (2994)1/4/1999 1:58:00 PM
From: Arrow Hd.  Read Replies (1) of 3624
 
Amy, it was nice to see a post like yours versus the flaming that goes
on at some of the other threads. When Jules and I were discussing
SKYM it was around 3 and our discussion was based upon fundementals
and their tactical and strategic models. Though I was aware of their
Internet potential what happened with the price explosion was not in
my investment model. I was looking for a three to four bagger out of
it so I grabbed the windfall on the second day and became history. I
dont confuse luck with competence. I think Jules read on PTEC for the
first quarter is solid and its why I took a position at six and change
for an intermediate hold (thats until maybe March and then a
re-evaluation). I have no particular price target on this but expect
that if the January analyst's meeting and the earnings announcement
are positive with a good forward outlook then we could see 10 to 12 or
maybe mid teens. If not then I dont fight the tape and will have
to re-evaluate. Thanks for your post.
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