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Technology Stocks : Phoenix Technologies (PTEC) -- Ignore unavailable to you. Want to Upgrade?

To: Marc Phelan who wrote (2873)10/28/1998 11:19:00 AM
From: Jules B. Garfunkel  Read Replies (1) | Respond to of 3624
 
Marc,
It looks to me as if Needham has lowered the bar for PTEC's expectations. It probably stems from Jack Kay's new conservatism. I don't think either wants to be in a position of not meeting earnings estimates ever again. Well, we have a low bar now, let's see how far PTEC can clear it. As you said last week perhaps this is another buying opportunity. To use your words, (sigh)
Regards,
Jules



To: Marc Phelan who wrote (2873)10/28/1998 5:58:00 PM
From: The Pope  Respond to of 3624
 
If I'm reading those numbers correctly, Needham is predicting quarter to quarter earnings growth in the 35%-45% range.

Do we think that kind of growth can be sustained for the next couple of years? If so, PTEC should have no problem hitting the low-twenties in the next 6-12 months.


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