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Technology Stocks : INACOM (INAC)

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To: valueminded who wrote (1)	3/27/1997 11:59:00 AM
From: Joe Dancy	of 11

I bought into INAC when it was Valcom about 5 years ago at around $12 - you have to be patient with this one because it has been volitile. I also begin adding SECX (Southern Electronics) (a distributor) because it had similiar characteristics - fast growing revenue in a growing market. You might check out the following article on distributors - "Like poker players eyeing a huge jackpot" distribution companies like SECX and TECD are "increasing their bets" on "scores of new reseller customers" according to an article at members.aol.com - distributors like SECX should benefit from the explosion of new resellers - the question is will the explosion of resellers hurt INAC, or have they made the transition to higher margin consulting services to boost the bottom line? \|

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