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Technology Stocks : Praegitzer Industries (PGTZ) -- Ignore unavailable to you. Want to Upgrade?


To: puborectalis who wrote (179)9/6/1998 8:08:00 AM
From: Creditman  Read Replies (1) | Respond to of 196
 
I "like" Praegitzer because I know their management to be bright, energetic, smart, capable, etc. PGTZ's technology .. the equipment and techniques used in their factory are world class. For instance they feature automated rather than manual plating lines which delivers better and more consistent quality to their customers. I like PGTZ "one stop shop" philosophy of providing design services to customers to generate new revenues and I like their idea of expanding into Maylasia where the costs of doing business are low and becoming lower all the time.

Majority shareholder; Bob Praegitzer is wealthy (nice trait to have in a "partner") and he has been successful all of his life but he is also a kind, warm person; a "nice guy". Example: PGTZ hires handicapped workers wherever possible; a kind thing to do and also a way of putting very motivated people to work; workers who don't just up and leave for a few cents an hour more. They also run major charity fundraising events for the communities where they operate and are good citizens in areas like environmental control of pollutants. Praegitzer employs excellent sales people. Their customers love them...

Enough reasons to "like" a company? By the way, Praegitzer is not in the same business as some of the companies you mentioned. JBL and SCI are assemblers and do not make circuitboards. PGTZ is a circuitboard designer and builder. PGTZ has not been super profitable YET because they have been rapidly expanding ever since they went public. Give them time!

In credit management, experts advise that you look to and consider the "3 Cs" .. Character ... Capacity ... and Capital when evaluating the creditworthiness of a potential customer. I believe that the same technique works when evaluating potential investments.