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Technology Stocks : PERI (Periphonics) -- Ignore unavailable to you. Want to Upgrade?

To: g.w. barnard who wrote (1194)	6/7/1998 10:10:00 AM
From: Phil Jacobson	Read Replies (2) \| Respond to of 1682

GW, You state all the reasons I invested in PERI in the first place. I have no idea what's wrong with the stock (ie, what's wrong at the company) that is any different than the info we had when it was at 13. I took a loss selling some at 11 and the rest at 10 but I currently feel good about selling now that the market correction seems to be bottoming out (or on a new upward leg) and PERI continues to suck wind. If I pulled out at the wrong moment I'll know that soon enough. I just think of stocks as inventory and I was holding onto something nobody else wanted. I might be back if the company starts showing some real progress. But I'm done just buying this stock "because it's low". That $12 trading range seemed low at the time didn't it. Phil