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To: mike.com who wrote (39285)1/5/1999 7:33:00 PM
From: Ed Swanson  Respond to of 119973
 
I posted PRMS yesterday morning (post 38637). Here is the DD I posted on it.

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To: Sandra (38632 )
From: Ed Swanson Monday, Jan 4 1999 1:29PM ET
Reply # of 39303

PRMS....Check out this stocks DD
Current Price 9 1/4
Book Values 3.79
Float 12.5 mil (with almost $2mil left in repurchase program)
Cash 99.2 mil
Cash/Float $7.93
Working Capital $108 mil
Work cap/Float $9.00
Shares Short 1 mil
Days Short 1.31
Debt $0
This one wont make you rich today but will be a great performer for 1999. Had some problems recently with new line roll outs, earnings meeting analysts, and CEO does not own a compass, but is worth its current price in working capital, is an excellent buyout opp. by ?Lucent?Other?, and really has nowhere to go but up.