Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jules B. Garfunkel who wrote (2889)	11/10/1998 1:13:00 PM
From: Ahmad Sinno	Respond to of 3624

Jules, If my calculations are correct, we are talking $.04 a quarter. A 50% appreciation in earnings over last quarter. Not too bad <g> Ahmad

To: Jules B. Garfunkel who wrote (2889)	11/11/1998 6:39:00 AM
From: Marc Phelan	Read Replies (2) \| Respond to of 3624

Jules, I don't know about you, but I was pleasantly surprised by both the final one time restructuring charge of $1.9 Million and the $4.8 Million per year reduction in operating expenses. The one time charge is of course just that, a one time charge and of no long term consequence. I was also very happy to see a 5 million dollar reduction in operating expenses. This news is of course coming at the same time as the financial community is reviewing Phoenix at the AEA conference. This can only be good news for the long term. The good news for Intel this morning can only help Phoenix as well. dailynews.yahoo.com If they are going to beat expectations one must presume PTEC will as well with the new Award low end market. With Comdex coming up I hope to see some of the annual announcements from Phoenix next week. The best, Marc