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

To: Tim Oliver who wrote (3226)	4/13/1999 9:59:00 AM
From: Mark Brophy	Respond to of 3624

Check out the DSP Group. Their profile is at techstocks.com. Their profits have also stagnated and revenue declined last quarter. Their P/E is 12 and price/book is 2.2, whereas Phoenix P/E is 14 and price/book is 1.8. Nevertheless, since DSP Group announced a buyback on March 23, their stock has gone up significantly. Newsletters such as the Online Investor at investhelp.com publicize buybacks and increase the interest in a stock. The big gains will only come if they get their act together and increase profits, but a buyback should bump up this undervalued stock a smaller amount (10-20%?).