Odetix (ODETA) best in mass data storage, going up!!! Message Board

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Technology Stocks : Odetix (ODETA) best in mass data storage, going up!!!

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To: Ashley800 who wrote (524)	3/22/2000 11:00:00 PM
From: Glenn Petersen	of 529

All bets are off; the Iteris offering has been postponed. I'm a bit surprised; I thought that the Iteris IPO might be a sleeper. I'm sorry that I wasn't more enthusiastic about shorting it at $30. Hope you nailed it at $20. biz.yahoo.com Wednesday March 22, 8:59 pm Eastern Time Odetics postpones Iteris IPO ANAHEIM, Calif, March 22 (Reuters) - Communications equipment provider Odetics Inc. (NasdaqNM:ODETA - news) said Wednesday it has postponed the initial public offering of its software developer subsidiary Iteris Inc. The delay means that Odetics' spinoff of Iteris through a stock dividend to shareholders will also be delayed, the company said. The company cited recent volatility of the public equity markets as one of the primary reasons for the postponement. Odetics did not quantify the postponement. Odetics announced in December it was planning an IPO ofIteris.

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