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Technology Stocks : INEL - Inteligent Electronics ?

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To: Tmanquinn who wrote (176)7/14/1997 5:38:00 PM
From: JJ   of 234
 
Vincent,

You wrote:

Now that INEL seems to be shrinking, don't you think we should see some
executive departures (i.e. given the boot)? Why do we need the same level of
management with a decreased organization?

Reply: I agree with you. Two execs have already resigned (don't know if it was via the boot) in the past couple months. Further "pruning" should be coming if they are looking to increase shareholder value.

Sorry, don't have the hard facts on the XLCT value to INEL holders. I do remember seeing a previous post saying something like 1 share of XLCT for every 3 INEL.
-- JJ
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