INSS - International Network Services Message Board

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Technology Stocks : INSS - International Network Services

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To: Glenn D. Rudolph who wrote (213)	11/22/1997 6:38:00 AM
From: Ron Kory	Read Replies (1) of 446

My experience is that tax loss selling dries up before the end of the year. While it is possible that this stock could break below 18 because of tax selling, I would not wait until December 31 to buy it. It is interesting that most companies trading on their lows for the year had something happen to them to create the stock weakness. Here is a company that has met every quarter and reiterated its belief that they are growing 40% plus. Perhaps the multiple scared people away this year as networking stocks faltered. The multiple is no longer so high relative to the company's growth rate and this company is selling consulting services, not hardware. In any case, the one networking company that has not faltered--csco--is a good partner of the company and significant equity holder. If someone could remind me how to post a link to news, I would show you yesterday's news which is representative of this. ron kory

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