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Technology Stocks : Parlex (PRLX) Record Revenues Again!
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To: Andrew G. who wrote (4)3/5/1997 12:38:00 PM
From: Stephen J. Eisenreich   of 15
 
Andrew,

I noticed your posting on the Sheldahl thread asking about the competition between the two. Parlex and Sheldahl compete in some areas but cooperate in others. According to the sales manager at parlex, they buy some items from sheldahl but then pit their products against sheldahl's in other areas. A couple of updates. Adams, Harkness and Hill, the only analyst covering Parlex at this time rates this stock "accumulate." They say that because of the illiquidity they are unable to rate it better but if that aspect should change their rating would probably be higher. They speak very highly of the company in a recent press frelease that I have not seen but my broker has. Item 2: The telecommunications project I spoke of earlier is with Northern Telecom and the automotive contract is with Samsung. I do not have any particulars on the size of those contracts but learned through their sales people that they are sizable, will contribute to significant growth in earnings and contribute to profits.

Regards,

Steve
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