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Technology Stocks : Inter-Tel INTL Bottom Fishing
INTL 27.80-1.0%Nov 4 4:00 PM EST

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To: Mike Mansour who wrote (58)4/29/1997 9:34:00 PM
From: Tara Cobble   of 156
 
Mike thanks for the article, I was looking for something on INTL and realized that it was just FYI.

How about INTL lately, looks like the herd is happy with no negative surprises and I believe INTL is suppose to be coming out with some new products. It is also my understanding that the next few quarters there are some good earnings expectations. You can tell this by looking at the research section of quotes and at the brokers with strong buy as well as next years earnings estimates of $1.41. That would be a 21.5% increase from this years estimates of $1.16. With that being the case and I will use a conservative PE ratio of 13 that means if the news is positive sometime we should be up into the 18 3/8 price range. (I guess I could handle a 52% stock price appreciation over say 1 year (say next year around now).)

Let me know if you think I am all wet, but I am feeling confident in INTL at this time.

Tara
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