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Technology Stocks : Innovex... hidden potential?

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To: C. Horn who wrote (29)11/25/1996 3:34:00 PM
From: Mark Oliver   of 31
 
The most recent news I have was last week when Jeff Vinik purchased an 8.9% stake in the company. That was for prices ranging from 23 to a little over 29.

While that alone may not be enough to cause this stock to continue rising, it surely does reduce the available shares. I think most of the people who hold this stock aren't speculators, just a feeling, so anytime there is buying volume the price goes up well.

I am not sure other wise. I suggest you call Bill Murnane at INVX and ask him. He's usually a very good source. I think we can see something when there is a change from the software div. which could be announcing something at COMDEX, a partnership, or a new product.

Mark
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