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Non-Tech : Invest / LTD

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To: The Ox who wrote (13892)9/13/2000 10:34:32 AM
From: The Ox  Read Replies (1) of 14427
 
Picked up some FSII + INTT. While there is still potential downsides in both stocks, they have hit my buy targets.

I strongly suggest leaving plenty of dry powder for later in the month but I think it's time to start dipping the toe in the water. I fully understand that I may have to 'average' down on these 2 but I don't want to regret not owning due to my projected valuations for next year.

INTT revenues over the last 4 quarters: 10.1 13.1 20.3 21.3
Bookings/backlog over the last 2 quarters 23.1/17.6 25.3/21.3 Solid little company that doesn't hype itself. I like this one in the small/micro cap arena. Sales over the last year have doubled, while A/R+Inventory have only increased by about 40%. Net cash down 17% and #shares up 32% but these are a direct result of the recent merger. I think this one is below most radar screens...high risk/reward status. Now trading below 10. Downside to 7.5 or so in normal down market, of course could go much lower if overall market tanks!

FSII is a turn around play. The last 3 years have been pretty lousy but they have seriously improved their situation in the last 15 months. They are taking the proper steps to greatly increase profitability.
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