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Technology Stocks : Ross Technology? Let's talk!
RTEC 28.50-0.5%Oct 25 5:00 PM EST

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To: PJ who wrote (363)2/22/1997 12:09:00 AM
From: Shawn   of 475
 
Well PJ,

Looking at Ross rise in stock price with no significant news in the high $2's to low to mid $'s on normal trading, I think that would be a norm for next few weeks and beyond. I personally think that with Ross' new products shipping towards the end of the last quarter, Ross' earnings for next quarter will be higher that the previous quarter. Ross' Technology is superior. If it weren't they wouldn't be in business this long. I understand that Fujitsu has a major stake in the company along with Sun. However, to personally guarantee $25MM as a business decision, must have been carefully thought out. Fujitsu did not become a leading supplier of SPARC product by making bad decisions. I have reservations about Ross, but I think that this $25MM additional credit line increase is a significant step in the right direction for the company's success.

No Company is perfect. Ross has made it's mistakes. Believe me, I knoe first hand, but Ross's Technology and engineering expertise is state of the art. Many of the operations moves the company has made in the last six months seem to be very smart IMHO.

Maybe we'll see Ross back to it's mid '96 glory high of $14 and change if Roger Ross and the rest of the management really work hard to make Ross what it is capable of.

A penny for your thoughts?

Shawn, Austin, Texas
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