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Technology Stocks : Phoenix Technologies (PTEC)

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To: Tim Oliver who wrote (411)1/31/1997 7:08:00 AM
From: Marc Phelan   of 3624
 
Tim,

Annual report

Have to go to the PO Box and get my mail.
I only pick up snail mail once a week.

The deal with Samsung and AST (Both PTEC customers) should make Phoenix's presence in Asia even stronger. The company recently said that they expect Asian operations to grow at 25% this year. I suspect that it will be even greater because of the explosive growth potential in the region.

IMO that is the only reason for the run in AWRD's stock. figuring that this company has only 1/7 of the revenue of PTEC, I am surprised at it's price. If only Phoenix would get an article in IBD.

Perhaps the release of the annual report will give some life to the stock?

Marc
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