Phoenix Technologies Ltd. (NASDAQ:PTEC)
Designs, develops and supports core system software for personal computers and other computing devices.
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Recs
Poor earnings reports are expected with the current market. Long term, the stock will rebound.
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New upgrade, want to get the blip with this one.
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Institutions dumping
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The company has decided to make wise investments in technology that serve future devices. Namely laptops, which are becoming more and more powerful, and PDA/smart phones. The deal announced today with Sandisk underscores the market that is building for smart phones with embedded software and with tiny hard drives having plenty of storage.
Look for these to appear in the iPhone or whatever competing smart phones pop up on the market.
Recs
Used several stock screeners and this name was last man standing
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New product development looks like a recipe for some good gains.
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Undervalued. Recent quarterly numbers impressive.
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This stock is rising from the ashes
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going nowhere, this has been an ongoing dog.
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insider buying.
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oversold on bad earnings due to eol of flagship product. Company is restructuring and with Msft's release of Vista, will be back on track and new highs will be achieved.
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