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Non-Tech : PFX -- Ignore unavailable to you. Want to Upgrade?

To: goinbrk who wrote (17)	2/23/1999 9:13:00 AM
From: Burlitis	Read Replies (1) \| Respond to of 94

GB, <<< Could they be getting greedy and spreading it too thin?>>> Good point, I'm comfortable with the company gradually buying companys, if they plan on rolling up as many as they can in a short period of time, i'll rethink my position. This whole industry is going to have to consolidate eventually. I really thought PFX was going to be bought itself, now we have a roll-up on our hands. Sometimes they work other times, well, look at ABTX, RECY, or ACTC. All were destined to capture each of the fragmented industrys they were in,now they are "pounding sand". Can we trust management? The NY listing is hard to get unless your comapny is doing well, Applegate was excellent,earnings speak for themselfs, they are located in the 8th largest city that is booming, having a Scottsdale address gives lot's of visibility to the rich folks who reside there, not to mention the "snowbirds" who spend the winter. Have a good one, Alex