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Technology Stocks : ITII-(ITI Technologies) have a look

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To: Rick Shaum, Jr. who wrote (132)8/14/1997 12:35:00 AM
From: Mark A. Stang   of 165
 
Rick--are we the only ones on SI and MF ITII threads?

$ Moving from high and mid to small caps. ITII is a diamond in the rough. Great fundamentals, low P/E. Would be trading at 39 7/8 if it's P/E matched the industry's average. (Using First Call P/E).

I was very impressed by ITII's stability after earnings. There was a runup before, and I thought the price might fall back to 23 or thereabouts, despite the modest upside surprise. But Stock price never retreated, and upgrade after last earnings remains in place. If ITII meets earnings for 3-Q, and economy remains on course (and maybe UPS strike settles or they find Jimmy Hoffa) this baby will easily hit 40 by December or January. Even those buying in today will see a 50% gain in < 6 months. MNSHO.
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