IONN - ATT deal - begining of higher profile? Message Board

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Technology Stocks : IONN - ATT deal - begining of higher profile?

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To: Outer-limits who wrote (66)	12/27/2001 10:11:57 AM
From: Outer-limits	Read Replies (1) of 79

Just doubled my newest position this morning (got back in recently at .65). Here are the reasons: After looking at the chart, and knowing full well a January rally has already begun, I just doubled my position in this stock. Some insider buying may have also taken place!! In a letter from the company I received yestereday the CEO Kam Saifi stated: "It is our opinion that by refocusing on the core strength of our products -their underlying security features- ION can improve its long-term prospects. IDC estimates that the market for infrastructure security solutions will grow from 5.1 billion in 2000, to 14.6 billion in 2005." Sounds pretty darn good to me. This letter goes on to state they believe ION has enough CASH to make it through the next 12 months. However they are exploring other avenues to support the company's expansion into new markets, as well as additional R&D efforts. Bottom line, I think these guys have their ducks in a row. Hopefully we'll all be quacking on our way to the bank in 2002!!!

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