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Technology Stocks : Parlex (PRLX) Record Revenues Again!
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To: Ken G. who wrote (6)2/18/1997 8:03:00 AM
From: Stephen J. Eisenreich   of 15
 
Ken,

Welcome to this thread and thank you for enlightening me on the DFA 9-10 mutual fund. I follow Zacks rankings also and am not sure if it is so much that they don't like PRLX or that nobody has chosen to cover it? Zacks, being a consensus estimate rater, has only the one opinion to average by.

The small float can be favorable just as easily as not. It takes very little interest in this stock to move it up just as the reverse is true. I fully expect to see some volatility in here over the next quarter or two. I feel that their next earnings report will be a catalyst for some buyers and that the stock could establish itself at the current levels and move up again. This is certainly one of those issues, if one is optimistic, that could move up another 15 points and split. Granted, this may take time but the potential is there. In the mean time, I am trying to catch it at its lows to pick up a few more shares.

Best Wishes,

Steve
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