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Technology Stocks : INVX Innovex Comdex Winner !!
INVX 22.00-1.6%Dec 24 12:59 PM EST

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To: Douglas V. Fant who wrote (3007)8/23/2000 10:31:26 AM
From: rich evans  Read Replies (1) of 3029
 
How have you been Doug? And how is Joe doing? Here is my speculation on INVX which I posted on the disk drive thread.

Another possibility is that MMM is going to acquire in this area. It already is in the area with its flex plants in Thailand. A news flash I saw says that MMM is going to acquire 3 companies in the near future (Oct?) so this could be churning the market also. INVX and MMM are next door neighbors both in Thailand and in Minnesota and INVX would compliment MMM flex business and also expand it considerably in the non HDD (old adflex) tech and products.

I am long INVX but as you know the Flex area had not been a good investment since our days in 1997 when we though it would take off. No one can make money it seems in the HDD business except the software companies.I see where Saturn Electronics came out with an IPO in the ECM area. It bought our old friend SmartFlex which I am sure you remember. But it may be one of those small caps which you and Joe would find interesting.

Rich
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