INEL - Inteligent Electronics ? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : INEL - Inteligent Electronics ?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mark Johnson who wrote (194)	9/16/1997 10:40:00 PM
From: Dr. Id	of 234

- $19 Million of Escrow Received - Transition Plan Implemented to Improve Operating Results EXTON, Pa., Sept. 16 /PRNewswire/ -- Intelligent Electronics, Inc. (Nasdaq:INEL) today reported a substantially improved financial position. At August 2, 1997, the Company had $44 million in cash and cash equivalents, $45 million in short-term escrow, working capital of $49 million and tangible net worth of $45 million. So why was the stock down? Particularly, since XL Connect was up? I don't get it... JB

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next