INVX Innovex Comdex Winner !! Message Board

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Technology Stocks : INVX Innovex Comdex Winner !!

INVX 22.52

-2.3%

Dec 12 9:30 AM EST

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To: Mark Oliver who wrote (2163)	1/25/1998 7:22:00 PM
From: Douglas V. Fant	of 3029

Mark, I think that you are right on most points. Margins will shrink, and demand will still increase on PC's worldwide. Also what demand for network drives and the placement of drives into Pc-DVD TV boxes? That is why INVX fell from the mid-30's in price to around 20, or about a 50% retracement. We all probably agree on these points. The question is when the recovery will commence. Expect INVX to move strongly northward about six months before the signs of that recovery become apparent, as a leading indicator.... miss that move and you'll miss a large part of the potential appreciation.... Sincerely, Doug F.

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