tbul@trsvax.UUCP (08/28/84)
#N:trsvax:52900010:000:1882
trsvax!tbul Aug 28 13:01:00 1984
Below are listed two companies that I am interested in purchasing some stock
from. While I am waiting for the quarterly, annual and 10-K reports, I thought
I would ask if there is any explanation to why they are selling so low (as well
as any other useful information). Any ideas?
Intelligent Systems (otc)
The company recently is trading at about $12.00 but has a range of $8.5 to
$22.5. They have recently bought Quadram Corp and Princeton Graphic Systems.
Earnings have been advancing for about 5 years. The company makes color
graphic display terminals and plug in boards as well as other computer
hardware products.
The numbers for the company look good with the exception of a rather large
institutional holding (well, more than I like anyway).
The only hint of a cloud that I have been able to spot is that competition
is getting more aggressive along with the general slowness in the personal
computer industry. The company still expects earnings growth in the future.
Management Science America (otc)
This company has recently sold for about $13 while having a range in the last
year of from $10 to $33. They are the largest independent supplier of
applications software. They own Peachtree Software (a subsidiary). Earnings
have advanced since 1976 (that is as far back as I have been able to find).
The numbers for this company also look quite good except for the institutional
holdings. This holding accounts for, if I remember correctly, about 38% of
the stock.
The only cloud comes from the same storm described above.
Let me know if you have heard any rumors/facts about these two companies. The
information that I have on them comes from the library by the way...
Thomas Bulkowski (that's bull-cow-ski)
allegra!convex!ctvax!trsvax!tbul Fort Worth, Texas
O O O Official Senior Software Engineer of the 1984 Olympics
O Otbul@trsvax.UUCP (08/31/84)
#R:trsvax:52900010:trsvax:52900011:000:323 trsvax!tbul Aug 31 12:00:00 1984 < Upgrade your VAX to a TRS-80 > Well, I received MSA's annual report, 10-K and 2nd qtr report in the mail yesterday. From what I briefly reviewed and remember, they lost $.10 in the second qtr and $.07 for the first 6 months. The second quarter loss was unexpected and probably is an ill omen (maybe not...). tbul