As we suspected, big changes are afoot at PTEC. Yesterday, the company announced strategic alternatives for the foolish investments made during the last two years, and intends to focus its business strategy on the core systems software (BIOS) markets in which Phoenix has a long-established leadership position.

Does this “new” strategy sound familiar? One only needs to look at the cash-flow statements and stock price of PTEC from back in 2007, to see how these changes could positively help shareholders. I believe the outcome this time around should be similar.

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