INVX Innovex Comdex Winner !! Message Board

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Technology Stocks : INVX Innovex Comdex Winner !!

INVX 25.35

+5.2%

Feb 6 9:30 AM EST

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To: Mark Oliver who wrote (1812)	12/5/1997 8:26:00 AM
From: mfamily	of 3029

Ok, here is my take on the situation. Innovex says 20-25%growth. Is that likely to be achieved? It seems to me that Innovex already knows that it will meet its objective for at least the first two quarters this year. Look at their 6/20/97 press release in which they had already indicated that they would have a great third quarter but 4th quarter would be below expenctations. Since they already knew by June what would happen in 4th quarter 97 (July-September) they must know now what second quarter 98 will look like (January-March). Further all the troubles going on with dd makers now appear to have been known to Innovex very early on (and that is clearly implied in the phone call that was posted in here a couple of weeks ago). This is logical because before these companies switched to MR technology they had to make sure they would be able to obtain the necessary components. So whatever the problems with disk drive makers I believe Innovex has factored that into its projections. I think I still disagree with you, Mark, about the number of platters that will be needed going forward. Again, this is based solely on my observations as to what is being sold in the market place right now. As I look at advertisements from dell, compaq and others clearly much larger hard drives are now standard. Yesterday I received a flyer from dell and 6.5 gigs was pretty much the standard hd. Compaq standards were 4.3+. Yes, the cheap PCs are still coming with 1.6+ but according to Innovex (again referring to the posted phone call) the under $1,000 pc is primarily new users who would not otherwise buy a computer or second computers for home; their conclusion is that this is increasing the overall market. I read this someplace else too; most people buying computers are still looking at the $2,000-2,500 range. Also consider that compaq believes it will reach 50 billion in sales by year 2000, that would mean an awfully lot of $799 computers. CONTINUED ON PAGE TWO

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