ITEX is a Great Buy at under $6 Message Board

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Technology Stocks : ITEX is a Great Buy at under $6

ITEX 3.000

0.0%

Feb 6 9:30 AM EST

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To: Bert Klimer who wrote (480)	12/1/1998 7:22:00 AM
From: Andrew Martin	of 623

Don't forget Bert, the recent low prices reflect the selling of 3.6 million shares from the preferred conversion used to finance the Bxi acquisition last Spring/Summer. If the selling has finished, which the intraday charts indicate, the days of these low prices are over. It was an incredible buying opportunity while it lasted. I was able to do some cost-avg.-down from my entry point in July. If it runs above 5 I'll be adding when my margin kicks-in. There are lots of daytraders involved so I'll wait for a pullback to purchase. The no-news and a delayed 10K creates a heck of a trading buffer as it accumulates.

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