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Technology Stocks : Pacific Softworks, Inc. (PASW) -- Ignore unavailable to you. Want to Upgrade?


To: John Ritter who wrote (49)3/4/2000 10:49:00 AM
From: Return to Sender  Read Replies (1) | Respond to of 71
 
Actually I was speaking in much broader terms and simply suggesting that Windows CE may not be the best operating system for Internet Devices. I really can't answer your question in any satisfactory way. As you probably know WIND got beat up a bit when they announced disappointing earnings. Both WIND and PASW use embedded systems designs that work well in information appliances. However, PASW has no earnings as of yet so there is no good way to measure a relative valuation. I do believe PASW has some very exciting technology but it is up to the market to put an absolute value on the stock price from day to day. When a sector gets hot then lots of stocks benefit on a me too basis. Internet Devices got their share of center stage this last week when PALM came public. A number of investors looked at what PASW was working on and came to the conclusion that the stock should be worth more. I expected this would happen and that is why I bought at $6. In order for PASW to maintain its current stock price significant announcements will have to be forthcoming. I don't know if that will happen or not. I do know that a number of the stocks in the Net devices category have been trending higher.

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The market will do the rest. Have a great weekend!

RTS