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Technology Stocks : Innovex... hidden potential?

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To: lindalib who wrote (8)5/30/1996 1:51:00 AM
From: Mark Oliver   of 31
 
Innovex seems so undervalued, I wouldn't risk short term plays as I don't really see them dropping off unless the whole market brings them down. They traded 859% over normal volume yesterday after a good mention in Business Week and yesterday's aquisition of a company that will solidify their technical position.

There was mention of Hutchison having a new way to wire heads called flexible circuitry, but they say it doesn't work as well and is much more expensive. This new company pioneered flexible circuitry and offers additional synergies which will make a good match.

Look for strong continuing earnings and possible surprises from their Internet software divisions. They may have announcements at COMDEX that will be pleasing.

Mark
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