SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : PROCOM TECHNOLOGY(PRCM) -- Ignore unavailable to you. Want to Upgrade?


To: John F Beule who wrote (179)11/25/1997 5:20:00 PM
From: Sparky Beardslee  Read Replies (1) | Respond to of 373
 
John: The conference call answered your question relative to overseas exposure. Quickly, they said it was minimal. After hearing the conference, it is easy to see why the stock grew weaker AFTER the call. This had to be one of the worse conferences I have listened to. Q2 will be flat, and the foreseeable future is doubtful.

Sparky..........I don't know why I held. Guess I hated to sell under $16. Will be looking for a bounce that may never come.



To: John F Beule who wrote (179)11/25/1997 6:51:00 PM
From: Keith Dykstra  Read Replies (1) | Respond to of 373
 
John,

I've talked to Karen Sohl, who is the company's investor relations coordinator and I asked her the very same question. Her reply was that except for a few sales offices located in Germany, Canada, Middle East and a few in SE Asia, the company's exposure to the international arena is quite limited. The great majority of their revenues comes from domestic sales.

The good thing about this is that whatever happens overseas will have little impact on the company's business. The bad thing is that whatever rocks the market will give this stock motion sickness as was evident, today. The only negative situation that I can foresee is the current deplorable state of the HDD makers and their suppliers. As the prices for components fall they (disk drives) become more price competitive to CD's and make a pretty good case for an alternative purchase. But even this doesn't discourage me presently because I don't see PRCM competing directly with them in all markets.

Keith