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Technology Stocks : Intek (IDCC)`

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To: Mark Mattson who wrote (62)4/24/1997 3:36:00 PM
From: Steven Meadows   of 120
 
UK Merrill Lynch 4/21/97 Comment Report
on SECURICOR indicated that the current stock valuation for INTEK in the $1.50 or so range was merely an aberration.

The report stated Merril Lynch has *... chosen to ignore the current share price, and value Intek at its post-merger value of $4.50 (last June 1996]. This values Securicor's stake at 70 pounds sterling ....*

As of 3:30 PM EDT approximately, IDCC was trading at around $2 5/8 per share on top of continued positive buys.

This baby certainly looks like it is moving in a solid winning direction!

I intend to increase my position accordingly.

Yes!

Meadows
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