Pascal, PICO not only has had spectacular growth (they wouldn't have sold ANY PTEC shares like the VCI people did), but the growth will only get stronger: ======================================= PC Week, January 22, 1997
"Pico Group joining NEC and Geoworks in smart phone alliance"
NEC Corp. and Phoenix Technologies Ltd.'s Pico Group have agreed to jointly develop a family of "smart" phones and other personal communicators based on Geoworks Inc.'s GEOS operating system.
Tokyo-based NEC will license the Pico Group's PicoPAL system level software, which provides fundamental services for silicon control, power management and data storage and is geared toward a small memory footprint, according to sources close to Phoenix Technologies, in San Jose, Calif.
PicoPAL also provides support for Flash storage, miniature cards and high-speed infrared connections, and supports core logic systems developed by Intel Corp., Advanced Micro Devices Inc. and Vadem Inc.
Phoenix Technologies officials declined to comment.
Last year, NEC and Geoworks formed a strategic alliance to incorporate the GEOS 3.0 operating system in a family of NEC branded smart phones expected to be introduced initiallly in Japan by the end of the first quarter and afterwards in the United States, sources said. Phoenix now is joining NEC and Geoworks in co-developing the phones.
NEC's family of smart phones will meld digital voice, voice mail, E-mail, fax and Internet access, and PIM-like functionality in a single cellular handset, sources said. ================================== I sincerely hope that the excitement and aggressiveness in both technology and marketing that comes from the PICO group catches on in the rest of the company.
Go to PTEC's website at "phoenix.com" and visit each of the product categories (i.e. PICO, Virtual Chips, etc.). Notice a MAJOR difference between them?
It's hard to believe that PICO is only 14% of the company (up from 10% last quarter). Perhaps Jack Kay should seriously consider promoting the marketing manager for PICO to corporate marketing manager. He'd kick those other departments in the rear-end and wake them up, especially the PR department (it's almost embarrassing to hold this stock sometimes when a little competitor like SYSF trades 10 times the volume of PTEC). Good job, PICO group! |