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Technology Stocks : Parlex Corporation(PRLX) Record earnings again. -- Ignore unavailable to you. Want to Upgrade?

To: md1653 who wrote (44)	8/6/1998 8:32:00 PM
From: Ken G.	Respond to of 92

Not really electronics industry but Mechanical Engineer with Marine Engineering emphasis. I've followed the sector and ALRN/HDCO/PRLX all sort of followed each other. I've been seeing a lot of strong build up in the shipyards and support services for the Gulf of Mexico and I think that the industry has been gearing up and if it wasn't for drop in oil prices oil sector stocks would be seeing some nice gains. however, share prices in that sector have always been pretty cyclical. Buying when out of favor is usually a good way to make some long term investments. I like Noble Drilling a whole lot (and have owned since 1991). Also Marine Drilling has been looking like a good bargain lately. both up today. AFLX, SFLX, PRLX all up nicely today with real strong high tech sector movement overall today. I think the AMP takeover effort also is having some good effect on the Electronic-Interconnect sector. I think SFLX may be even a better buy right now (than PRLX) with such strong book and cash value but I've been wary buying anything with the market so shaky. Incidentally another company I like is FLOW. They make high pressure water jet equipment. I've seen their hydroblast equipment at work at shipyards and it is really an excellent system. It uses high pressure water to blast hulls instead of sand blasting. it's more effective than sand blast and reduces grit waste and associated disposal costs. they also have a robot for the process and are expanding into high pressure food pasteurization for soft and liquid foods (not really pasteurization but high pressure kills bacteria without affecting taste/texture). Could be a very big market. Also strong insider holdings and buying. I will try and stick to PRLX on this board but not much to discuss until earnings posted. Good to see some response. Ken

To: md1653 who wrote (44)	8/25/1998 9:13:00 PM
From: Ken G.	Read Replies (1) \| Respond to of 92

Posted .21 versus .21 expected for 4Q. Judging from recent performance of similar issues, such as SFLX who saw a small rise and then drop after posting better than expected earnings, PRLX shares probably won't see much gain in the short term (maybe even a drop). But they are plugging away and Murphy is talking about improved margins by 3Q, so once again PRLX for the patient and the long haul or until they post some disappointing earnings (which hasn't happened yet).