Phoenix Technologies (PTEC) Message Board

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Technology Stocks : Phoenix Technologies (PTEC)

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To: Theo Karantsalis who wrote (3024)	1/15/1999 9:23:00 AM
From: Mark Brophy	Read Replies (1) of 3624

MasTec is entered in the contest. It's a bit dicey, though. To be entered in the contest, a company must be profitable the last 4 quarters. MasTec lost $11.8m on 3/31/98, but the other 3 quarters were profitable and exceeded the loss. The P/E > 30 and fails that test, but the price/book = 2.8 < 5, so it passes that test and is entered in the contest. Database Technologies, Inc. is rejected because it doesn't have an SI profile - a thread is insufficient.

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