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Technology Stocks : INEL - Inteligent Electronics ?

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To: JJ who wrote (180)8/5/1997 11:28:00 AM
From: Dr. Id   of 234
 
<< Here is a good sign for you........... I sold out last week...... the stock is sure to go up now. I just
didn't see mgt doing all they could to increase shareholder value. Good luck. >>

I am glad if that will make this stock go up. Something has to! As to the management, they are the worst. I've own this horror for five or six years now, and put a good amount of money into it when Value Line had it rated so highly (Money that could have gone into Compaq or Intel or Dell...sigh). I've watched this management slowly destroy what was once the best in its industry. I've also seen them be less than forthcoming with their shareholders. Why have I held? An expensive lesson in a stock that will probably be used as a tax loss... However, at this point, I don't see them going down and think they will probably recover some shareholder value. I hope its soon, though...My hope lies in the fact that XLConnect has a different management team and INEL's future is almost solely tied to XLConnect's.
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