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

To: John F Beule who wrote (1329)	8/6/1998 1:19:00 PM
From: VANTAGE	Respond to of 1682

If management can't get it together some other companies will go after them and make it work. At this point they are a VERY attractive takeover candidate. A cheap way for another company to to get into this lucrative field.The smoke and mirrors buy a little time, but can only last so long. Valuation wins out in the end. So I'm not too worried about it., except I don't like to see my money tied up.

To: John F Beule who wrote (1329)	8/6/1998 1:49:00 PM
From: Scrapps	Read Replies (1) \| Respond to of 1682

>>>I've been buying this stock down from $15,<<< The last time it was above that was June 97...too bad you've taken it in the shorts, however, is there something you can pin point about management screwing up. When I read about the stock buy back I thought of DELL...and was encouraged. I felt it may be an indicator of managements faith in the future higher value the shares would have. Today's 20+% gain looks good from where I sit.

To: John F Beule who wrote (1329)	8/6/1998 6:08:00 PM
From: Thomas Scharf	Respond to of 1682

Are you short PERI? You posted this identical message to the Yahoo board so I assume you're trying to drive the price down even further. How many other boards have you spammed with this?

To: John F Beule who wrote (1329)	8/6/1998 6:38:00 PM
From: Peter Stier	Read Replies (2) \| Respond to of 1682

Would have preferred an announcement indicating that PERI is doing something to slash it's out of control G & A expenses to a lousy $ 3.5 M order spread over 9 months. Disagree that a buy-back is "smoke and mirrors" however...Better to have this money boosting EPS than sitting around in PERI's MM account earning 5 %. What is needed to get this stock where it should be (i.e. north of $ 10 - near my average cost basis of $ 11.85) is to demonstrate leadership in recognizing that 91 salesman aren't contributing to the growth as expected. They need to slash overhead aggressively - the growth just isn't there... It's not enough to have neat technology and a growing market. You need to be lean, aggressive and most of all attentive to the bottom line !