Phoenix resources technologies, selling at .10 book

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.

Microcap & Penny Stocks
Phoenix resources technologies, selling at .10 book

An SI Board Since March 1996

Posts	SubjectMarks	Bans
20	0	0

Emcee: tony mendoza	Type: Unmoderated

Introduction Compact

Check this one out. PRTIE. The stock price has dropped to .50 cents from around $4 but it still lists a book value of $5.00. What's the problem? I'm not sure. The old management, when the company was named Hughes Resources,was apparently not doing a very good job. They got pushed out, and there are some legal squables. There was a one for ten reverse split which proved fatal and now there has been a delay reporting last years results. But company seems profitable, with 25 million sales. They moved into gas production last year, also own lumber mills. In a recent release they claimed the lumber mills at at full production and the gas wells are selling gas at top price, so they are expecting a strong current quarter. This one could explode when current quarter results get reported.

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
20	I talked to Bill Fulkerson in Phoenix today. They have been brought to court by	joe j jellison	-	12/18/1996
19	It was not long a go there was a report on the Wall street edge. This report st	joe j jellison	-	12/17/1996
18	Joe, Check the the thread under Gold, Mining, and Natural Resources. There wa	Michael Burt	-	12/16/1996
17	What happened to the discussions. The stock has dropped to 10 cents I thought	joe j jellison	-	12/16/1996
16	There's another thread under mining and natural resources that has more rec	Michael Burt	-	11/22/1996
15	Anyone have any news about this one ??? We're down so low, right now.	Bruce McGaughey	-	11/21/1996
14	I spoke to the company last week. They said they were planning to spud the we	Joe Cervini	-	10/21/1996
13	Does anyone know what the drilling schedule is for the Erin contract?	Michael Burt	-	10/16/1996
12	Thanks, Paul. Will check out PETD. Management team is a question with me, too.	Bruce McGaughey	-	10/11/1996
11	At the end of the last reported quarter there were about 9M+ shares outstanding	Paul J. Sharga	-	10/10/1996
10	Michael- 1 million more shares may impact the stock for a little while. I'm	Bruce McGaughey	-	10/10/1996
9	The symbol is PRTI. I'm interested in buying, but with this latest take	Michael Burt	-	10/10/1996
8	What's the symbol now ? PRTIE no longer seems valid.	baystock	-	10/9/1996
7	We need to get more postings here. This stock is ready to blast off !!!! 5 mar	Bruce McGaughey	-	10/8/1996
6	Here is some more news! SCOTTSDALE, Ariz.--(BUSINESS WIRE)--July 30, 1996--Pho	Paul J. Sharga	-	8/1/1996
5	Here's the latest SCOTTSDALE, Ariz.--(BUSINESS WIRE)--June 25, 1996--Phoen	Paul J. Sharga	-	6/26/1996
4	This one bothers me a little. While doing some DD on them, I found this...	MJ Brouillette	-	6/26/1996
3	Paul, can you post the press release or the 2Q results? Sound very good to me!	Derald Muniz	-	6/26/1996
2	Well, it may be time to buy more!!! The press release reference the 2Q results	Paul J. Sharga	-	6/26/1996
1	i've been holding on to 1,000 shares of prti since march '96. bought at	olduser	-	6/3/1996

Go to reply# or date (mm/dd/yy):