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Technology Stocks : Innovex... hidden potential?

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To: jsabelko who wrote (4)5/20/1996 2:19:00 AM
From: Mark Oliver   of 31
 
I agree, Innovex appears to be way undervalued. That's why I started this thread. I've watched them since September. They usually don't trade more than 100K, but they can pop up 2 points when it gets going.
The problem is purely the Disk Drive sector has been out of fashion, but last week Read Rite came back 20%. INVX has beaten earnings every quarter I've watched and they said last quarter is traditional their slowest.

Med products just turned a profit and they have some new approvals and agreements. The software is the wild card in an already winning hand.
I think a little patience will see 100% return if there isn't a serious general down market. They were over 24 before the bears hit and they weren't wildly valued then.

Mark
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