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Technology Stocks : PRVO:PREVIO INC earnings +45% for '96 (A good story) -- Ignore unavailable to you. Want to Upgrade?


To: Binx Bolling who wrote (942)1/31/2000 9:15:00 PM
From: Jim Oravetz  Respond to of 955
 
I just don't get this company and their "new strategic direction". What is that all about? How about increasing shareholder value? Posts on this thread, from over a yr ago are repeating the same basic disappointments.

Message 5646429

I've said this before. I just don't understand how their award winning products, the few they have produced, can get rave reviews in industry mag's, but very little ever comes in as significant sales increases. A few yrs ago, they spent $10M or so(this number may be off, but it was big) on stock repurchases and only $50K on advertising.

The quote from Mr. Ticer sounds like: Hey we got $30M in the bank and we are looking to do whatever we want with it. With those "everything but the kitchen sink" options, including divestitures (of what asset?), there might as well be no options. They have no clue how to run this company.
I'm out. See Ya.
Jim