PERI (Periphonics) Message Board

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Technology Stocks : PERI (Periphonics)

PERI 9.045

-2.3%

3:59 PM EST

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To: Peter Stier who wrote (1541)	3/11/1999 8:28:00 AM
From: John F Beule	Read Replies (2) of 1682

Thanks for the update. I think there are to many Chiefs, and not enough Indians in this company. What they need to do (if they care about stockholders) is sift out the dead wood (Cohen first), and focus on their internet technologies. This is where their (growth) business is heading. Management is a bunch of lifers, there needs to be someone with a fresh approach, because the approach they are using is NOT working. I bought into the company a year ago believing that they needed to ramp up salespeople...ok I bought that excuse.....now I realize Cohen et al really have no clue how to get sales above a 16% rate. What happened to all the sales we were gonna get from that ramp up! This company has lost its focus (just look at all these "alliances" they do), all alliances do is show me that they don't have the know-how to get it done themselves. Sorry for all the negetive blowoff, but this company really does have all the ingredients, just not the wisdom to use it correctly. And Cohen lied to us all a year ago, that makes me mad.....hey Cohen, I want my original investment back!

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