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Technology Stocks : Printronix(PTNX) -- Ignore unavailable to you. Want to Upgrade?

To: Deep Six who wrote (78)	1/12/1998 11:25:00 AM
From: David Aegis	Respond to of 113

Phillip--On its EPS conference call, PTNX management characterized its Pacific operation as a net benefit (they said none of PTNX's major competitors had production plants in Asia ex-Japan). They are shipping product from the Singapore plant to Europe. The overall flavor of the conference call was positive (instituting turn-around initiatives within its European dealer network, introduced significant new products in Oct. and Nov. of '97). Earnings press release: biz.yahoo.com Based on the conference call everything remains as largely on track for PTNX in relation to my original investment thesis (at least as largely as can be expected given the Asian crisis). When the market gravitates out of the "flight to quality" jumbo caps, it should take a harder look at PTNX. --David

To: Deep Six who wrote (78)	2/6/1998 2:00:00 PM
From: David Aegis	Read Replies (1) \| Respond to of 113

PTNX presented at the Wall Street Forum conference in NYC on 2/4. Replay on the internet at: wallstreetforum.com You need to register first and have a RealAudio plug in (a download button for RealAudio is available on the Wall Street Forum site). Note the comments on the supply chain management initiative. PTNX took $80 million out of its sales channel (on a base of about $170 million per year in revenues). This move is now providing production efficiencies, but must have wreaked havoc on revenues. The problems in Europe highlighted on the EPS conference call were reiterated, as well as a brief statement that corrective action was being taken. No details were offered, however. The presentation runs about 45 minutes. Worth the effort to anyone trying to figure out what makes this company tick. --David