Bill Wexler's Dog Pound Message Board

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Non-Tech : Bill Wexler's Dog Pound

REFR 1.730

+10.2%

3:57 PM EST

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To: Bill Wexler who wrote (7696)	1/9/2001 1:09:30 AM
From: Bill Wexler	Read Replies (2) of 10293

INKT - yeesh. I bought some today at 11 and I will continue to buy more as long as it's on fire sale. I made some money buying this one on momentum last year. My feeling then (as was the feeling of many other mo-mo gamblers) was that the multiple on INKT didn't matter. Well...the multiple DOES matter, but now we are at another silly extreme - only this time to the downside. INKT is high quality. The stock price is suffering due to margin selling, bailouts by growth funds, and a depression in the spending cycle. An incredible opportunity for an investor to pick this one up. The days of 20 point gap-ups may be over for now, but there is no doubt that when infrastructure spending kicks back in gear, this one is going to be a huge winner. Gotta grit your teeth and ride against the herd. I consider INKT as compelling here as NVLS and AMAT was in the fall of 1998.

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