Inter-Tel INTL Bottom Fishing Message Board

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Technology Stocks : Inter-Tel INTL Bottom Fishing

INTL 28.80

+0.6%

Jan 9 4:00 PM EST

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To: Mike Mansour who wrote (36)	3/25/1997 7:18:00 PM
From: Tara Cobble	of 156

Mike do you pay much time looking at the charts? I was looking at INTL chart and it looks like the stabilized 10 day average and stabilized 20 day average when the tide turns is about $1 difference. The two averages are getting closer to each other now that the price has edged up the last few days. If the 10 day moves above the 20 day then that is sometimes a buy signal, however to buy before this happens might be about a $1 to $1.5 jump before the move up. It looks if the trend holds as the past chart shows that this area of crossing may be around $14. A person could buy today at around the $12.5 to $13 mark. What do you think? (I have put some money into another issue that I am very confident in the chart, but I won't mention the name. It also is not as risky a play but won't provide as much return if things rebound PE wise even though earnings have been great over a long period of time.)

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