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Technology Stocks : Phoenix Technologies (PTEC) -- Ignore unavailable to you. Want to Upgrade?


To: Robert Alan who wrote (3571)1/20/2000 7:11:00 PM
From: Mark Brophy  Read Replies (2) | Respond to of 3624
 
Check out post 2694.

If the soft cores group executes their business plan as well as you and Jack Kay expect, the part of Phoenix that today contributes 8% of revenue will be worth more than the rest of the company in 2 years.

The market cap of Phoenix is $400m. They're raising $44m for what is probably 10-20% of InSilicon, so the far-fetched Sept. 98 prediction may turn out to be true. Aren't IPOs wonderful? We should all be venture capitalists!