INSS - International Network Services Message Board

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Technology Stocks : INSS - International Network Services

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To: KS who wrote (88)	4/29/1997 7:47:00 AM
From: joemjo	of 446

K, How do I feel? Well, any company that trades at a 100 PE had better not miss a number because that would "have an adverse affect on the price of company shares." This is not a feeling or an opinion but what I believe is an accurate description of the pessimism of the current market. Let's go back to a time when there were optimists. This stock IPO'd at 16, which was about a 200x's earnings. It opened at 28(350X) and traded up to 50(500X). Why? Your TA should help here. When a stock can trade from 50 to 15 without any negative news and stronger fundamentals (great revenue, great earnings, great growth) I am somewhat loathe to feel anything or state an opinion. I believe there are only a few analysts (2 or 3) with the most bullish one (probably the underwriter) at $.50 for 98. I still like that number. I don't think the stock traded down to this level because of a fear that they were going to miss this quarters number. Therefore, I don't think this news will cause a sudden rally. I would welcome it though. TA speaking, what do you see? Also, I am glad to see options coming on the AMEX. With their volatility I am hoping for some juicy premiums. Todd P.S. Anyone see any insider selling or registration to sell?

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