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Technology Stocks : INSS - International Network Services
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To: Ab Basu who wrote (148)8/28/1997 8:40:00 AM
From: Dale Baker   of 446
 
INSS was falling through the floor before the upgrade. I think Alex Brown may have been covering their investment (not that a broker would EVER issue its recommendations based on its own stake in a stock...perish the thought!).

They may have restored INSS' s foundations but they left a nasty gap in the chart. No earnings out for a couple of months to keep this one together. Next few days should tell us if it can break out again, or it's headed south - again.

This company isn't worth $24 even with 100% growth. They cannot hire enough engineers to keep expanding that fast, nor can management digest that much growth at once.

Just MHO. Good luck.
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