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Technology Stocks : Printronix(PTNX) -- Ignore unavailable to you. Want to Upgrade?

To: Anatole Kulick who wrote (91)	12/28/1998 10:30:00 PM
From: Mel Spivak	Respond to of 113

Nice move today. Just watching. Low PE. What are estimates for '99?

To: Anatole Kulick who wrote (91)	1/4/1999 12:11:00 PM
From: David Aegis	Read Replies (1) \| Respond to of 113

Anatole--I think PTNX is depressed as a small cap with cyclical exposure. This entire group has gotten slaughtered. I don't know what the catalyst will be to turn the group around. My best guesses are either a wave of acquisitions in which large cap growth companies start buying up small cap value companies or the market anticipating an economic recovery on the other side of the year 2000 and moving back into cyclical names. Other than that, it is my understanding that the products, positioning and long run underlying fundamentals of PTNX remain sound. Happy New Year! David