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Technology Stocks : Intek (IDCC)`

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To: Steven Meadows who wrote (102)1/12/1998 12:10:00 AM
From: WMG  Read Replies (2) of 120
 
WOW! Shriver is really taking action! I had heard that Securicor was high on him, but this is impressive. He is making all the right moves, in my opinion. Increase in subscribers, small as it may be, increase in licenses, more capital, national roll-out vs. localized which is very smart. All told, I thing the 18 month slide is over and much, much to deep. I look for INTEK to be a stellar performer in what I believe to be a rather difficult year for the stock market in general. Heard that the market value per POP for 220 MHRTZ is about $.75. This would mean that INTEK has ~ $100 million in license value alone. With total market cap currently at $84 million, no value is assigned to Midland Radio, RadioComs, or the LM Patent Technology. CHEAP STOCK!
I believe it's time to ride this one. Good Luck!
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