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Technology Stocks : Intek (IDCC)`
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To: Steven Meadows who wrote (60)4/18/1997 4:03:00 PM
From: Mark Mattson   of 120
 
Steven,

As I understand it, we will see a permanent CEO at INTEK in the next few days. We will also start seeing a series of announcements that resulted from the meeting that produced the release about an increased credit line. My source tells me that the increased credit line is an acknowledgement of Securicor's continued support and faith in INTEK. I believe that we will see the EF Johnson announcement shortly followed by several more driving the stock price up.
The bottom line is this: my position is increased by a quick buy of another 2,000 shares at 1.5 yesterday.

Own for cash,

Mark
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