PAR Technology Corp (NYSE:PTC)
The Company is a global designer, manufacturer and marketer of hospitality technology systems that include software, hardware and a variety of services.
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I worked for this company, it is trying to extend it's customer base and subcontract out it's work. Hard to say what it'll do, but I'm interested to see for myself.
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big year next year according to latest ptc call
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POS giant, PTC, has people like Jim Melvin, founder of SIVA Corporation, running the show as chief strategy officer.
what does that mean??
it means having vision. something i thought of before doing a search on it to see if it existed.
and that is?? changing the future of ordering food at fast food places and restaurants with upright order and pay kiosks, and digital menus at glass top, order and pay tables, thus eliminating slow ordering times, saving on labor costs, secure self payment and tipping, and so much more.
look for PTC to lead the way, with NCR entering the restaurant "at the table" self-service game as well.
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End of year 06 expects flat earnings in 07 and flat EPS growth
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A value proposition
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HOPEFULLY ORDERS DELAYED IN '06 WILL SHIP OUT EARLY AND CAUSE A NICE UPSWING TO PROFITABILITY AND PPS.
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bottom feeding
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acquisitions have made for an ugly balance sheet, should be turning the corner. i like the chart technically, too.
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5-star $125 million market cap on 11/11/06
Point-of-Sale systems. Also government IT for defense and security.
5STARsmallCAPS picks five star stocks with the smallest market caps.
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Stock picking algorithm selected this one in May 2006. It has been a bit of a laggard and disappointment. The growth of the company is dependent upon spending by the hospitality sector. As soon as this sector begins upgrading systems again, PTC will move forward. Our target ranges from $ 18 - $ 24 for PTC, over the next 9 - 18 months.
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Piotroski screen w/ excellent PEG. Low debt/equity.
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Management is seasoned and knows how to handle economic fluctuations. I see the government section holding its own through this current upheaval.
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